Louisiana · 2025 Regular Session · Bill

HB 383: TAX CREDITS: Postpones the termination of a tax credit for C-corporations for local inventory taxes paid but reduces the amount of the credit for those taxpayers (EG1 -$130,000,000 SD RV See Note)

Passed one chamber Last action June 4, 2025: Rules suspended.

Plain-language summary

HB 383 is a bill introduced in the Louisiana House on April 3, 2025. According to its official title, it concerns: TAX CREDITS: Postpones the termination of a tax credit for C-corporations for local inventory taxes paid but reduces the amount of the credit for those taxpayers (EG1 -$130,000,000 SD RV See Note). Primary sponsor: Ken Brass (Democratic). It lists 1 additional sponsor. Most recent recorded action (June 4, 2025): Rules suspended.

Sponsors

Primary sponsor: Ken Brass (Democratic). 1 co-sponsor.