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LA HB328
Bill
Status
4/3/2025
Primary Sponsor
Gabe Firment
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AI Summary
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Louisiana income tax credit of 25% of purchase and installation costs for dashboard cameras and telematics systems in freight-carrying vehicles, capped at $250 per vehicle
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Maximum credit per taxpayer is $10,000 per year, with a statewide cap of $1 million in total credits per year distributed on a first-come, first-served basis
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Freight-carrying vehicles must be licensed for 6,000 pounds or more and used primarily for commercial freight transport; excludes passenger vehicles and most pick-up/panel trucks
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Unused credits may be carried forward for up to 5 years but cannot exceed taxes owed in any given period
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Credit applies to tax years beginning January 1, 2026 through December 31, 2031
Legislative Description
Establishes a tax credit for the installation of dashboard cameras and telematics systems in certain commercial vehicles (OR DECREASE GF RV See Note)
TAX CREDITS
Last Action
Read by title, under the rules, referred to the Committee on Ways and Means.
4/14/2025