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LA SB269

Bill

Status

Introduced

4/3/2015

Primary Sponsor

Robert Adley

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Origin

Senate

2015 Regular Session

AI Summary

Legislative Description

Requires corporations subject to Louisiana income or franchise tax which have either corporate gross revenues everywhere of $8 billion or $8 million of assets everywhere to file combined returns and limits their NOL deduction to 50% of tax liability. (gov sig) (EG INCREASE GF RV See Note)

TAX/TAXATION

Last Action

Read by title and returned to the Calendar, subject to call.

5/13/2015

Committee Referrals

Revenue & Fiscal Affairs4/3/2015

Full Bill Text

No bill text available