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Bill > HB253
LA HB253
LA HB253Repeals the state tax levied on the net income of individuals and estates and trusts
summary
Introduced
02/20/2026
02/20/2026
In Committee
02/20/2026
02/20/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
AN ACT To amend and reenact R.S. 47:31 and 241 and to repeal R.S. 47:32(A), 295(A), 300.1, and 300.2, relative to income tax; to repeal the tax levied on the income of individuals and estates and trusts; to provide for applicability; to provide for an effective date; and to provide for related matters.
AI Summary
This bill repeals the state income tax levied on the net income of individuals and estates and trusts, meaning individuals and these types of trusts will no longer have to pay this tax. The bill amends existing state law (R.S. 47:31 and 241) to remove references to individuals being subject to income tax, while keeping provisions for taxing corporations and certain trusts, and it specifically repeals other sections of law (R.S. 47:32(A), 295(A), 300.1, and 300.2) that established or related to this tax. This change will take effect for taxable years beginning on or after January 1, 2027.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
First appeared in the Interim Calendar on 2/20/2026. (on 02/20/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.la.gov/legis/BillInfo.aspx?s=26rs&b=HB253&sbi=y |
| BillText | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1440792 |
| Analysis - Digest of HB253 Original | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1440796 |
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