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LA HB3

Bill

Status

Passed

12/4/2024

Primary Sponsor

Julie Emerson

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Origin

House of Representatives

2024 Third Extraordinary Session

AI Summary

Legislative Description

Repeals the corporation franchise tax and limits eligibility of certain credits to be claimed against corporation franchise tax (Item #3) (EN -$574,000,000 RV See Note)

TAX/CORP FRANCHISE

Last Action

Effective date: 01/01/2026.

12/4/2024

Committee Referrals

Revenue & Fiscal Affairs11/13/2024
Ways and Means11/1/2024

Full Bill Text

No bill text available