Louisiana 2025 Regular Session

Louisiana House Bill HB667

Introduced
4/23/25  
Refer
4/24/25  
Report Pass
4/28/25  
Engrossed
5/8/25  

Caption

Reduces the rate of the individual income tax and authorizes an income tax deduction for taxpayers sixty-five years of age and older (RE -$377,900,000 GF RV See Note)

Companion Bills

No companion bills found.

Previously Filed As

LA HB424

Phases-out the taxes levied on the income of individuals and estates and trusts and reduces the amount of exemptions, deductions, and credits that may be claimed to reduce income tax liability (OR DECREASE GF RV See Note)

LA HB1

Provides for a flat rate for purposes of calculating income tax for individuals, estates, and trusts, increases the standard deduction, and modifies or repeals certain income tax deductions and credits (Item #5 and 6) (RE1 DECREASE GF RV See Note)

LA SB121

Provides for an individual income tax exemption for all annual retirement income of individuals sixty-five years of age or older. (8/1/23) (OR -$663,000,000 GF RV See Note)

LA HB173

Phases-out the taxes levied on the income of individuals and estates and trusts over five years (OR DECREASE GF RV See Note)

LA HB303

Provides for a flat rate for purposes of calculating income tax for individuals, estates, and trusts and modifies certain income tax deductions and credits (OR +$19,000,000 GF RV See Note)

LA HB10

Provides for the rate of the state sales and use tax and for exemptions, exclusions, credits, and rebates claimed against sales and use taxes; and provides for a flat rate of income tax for individuals, estates, and trusts, increases the standard deduction, and modifies or repeals certain income tax deductions and credits (Items #5, 6, and 8) (EN SEE FISC NOTE RV See Note)

LA HB363

Phases-out the corporation income and franchise taxes and reduces the amount of exemptions, deductions, and credits that may be claimed to reduce corporate income and franchise tax liability (OR -$644,000,000 RV See Note)

LA HB391

Authorizes an individual income tax deduction for property insurance premium costs for taxpayers' primary residences (OR -$5,500,000 GF RV See Note)

LA HB495

Reduces the amount of certain income tax exclusions, exemptions, deductions, and credits (OR +$850,000,000 SD RV See Note)

LA HB243

Authorizes a one-time refundable individual income tax credit for certain Louisiana taxpayers (OR -$275,400,000 GF RV See Note)

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