Establishes a flat rate of insurance premium tax and provides relative to certain insurance premium tax credits and exemptions (RR SEE FISC NOTE GF RV)
Transfers certain family and support programs from the Department of Children and Family Services to the Louisiana Workforce Commission and renames Louisiana Workforce Commission to Louisiana Works (EN INCREASE GF EX See Note)
Establishes the La. Dividend Program within the Dept. of Treasury and provides for funding, administration, qualifications, and restrictions (RR SEE FISC NOTE SD EX)
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)