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LA HB253
Bill
Status
Introduced
2/20/2026
Primary Sponsor
Danny McCormick
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AI Summary
- Repeals Louisiana's 3% state income tax on individuals, estates, and trusts
- Eliminates tax provisions for both resident and nonresident individuals, including those domiciled in the state or spending more than six months per year in Louisiana
- Retains state income tax on corporations and real estate investment trusts
- Applies to taxable years beginning on or after January 1, 2027
- Amends R.S. 47:31 and 241; repeals R.S. 47:32(A), 295(A), 300.1, and 300.2
Legislative Description
Repeals the state tax levied on the net income of individuals and estates and trusts
TAX/INCOME TAX
Last Action
Read by title, under the rules, referred to the Committee on Ways and Means.
3/9/2026
Committee Referrals
Ways and Means2/20/2026
Full Bill Text
No bill text available