House Committee on Ways and Means
April 12, 2017
9:30 am
Room 6
Adjourned
BLUE
= already considered.
RED
= currently being considered.
BLACK
= not yet considered.
**Click on an instrument for additional information. Click on an author for the author's home page.
CALL TO ORDER
ROLL CALL
DISCUSSION OF LEGISLATION
HB80
HILFERTY
TAX/CORP FRANCHISE
- Phases out the corporate franchise tax over a 10-year period (EG -$416,000,000 GF RV See Note)
HB95
LEGER
TAX/CORP INCOME
- (Constitutional Amendment) Eliminates the income tax deduction for federal income taxes paid for purposes of calculating corporate income tax liability
HB102
LEGER
TAX/CORP INCOME
- Repeals the state income tax deduction for federal income taxes paid for purposes of calculating corporate income tax
HB108
LEGER
TAX/CORP INCOME
- Establishes a flat tax rate for purposes of calculating corporation income tax liability
HB153
BROADWATER
TAX/CORP INCOME
- Provides relative to the net operating loss deduction from corporate income tax (EG -$146,000,000 GF RV See Note)
HB195
REYNOLDS
TAX
- Provides relative to the tax treatment of certain corporeal movable property located in La. in a foreign trade zone (OR INCREASE GF RV See Note)
HB248
JAMES
TAX/CORP FRANCHISE
- Provides relative to exemptions from the corporation franchise tax (OR DECREASE GF RV See Note)
HB285
SHADOIN
TAX/CORP INCOME
- Reduces the rates for corporate income tax (OR +$66,300,000 GF RV See Note)
HB357
IVEY
TAX/CORP INCOME
- Repeals the state income tax deduction for federal income taxes paid for purposes of calculating corporate income tax (EG SEE FISC NOTE GF RV)
HB360
IVEY
TAX/CORP INCOME
- Levies a flat tax on business income and provides relative to business entities subject to the tax (RE SEE FISC NOTE GF RV)
HB361
IVEY
TAX/CORP FRANCHISE
- Phases-out the corporation franchise tax beginning January 1, 2019 (EG -$416,000,000 GF RV See Note)
HB363
IVEY
TAX/CORP INCOME
- Caps the amount of losses a taxpayer may claim on certain tax returns for the net operating loss deduction and repeals the deduction for certain wage expenses (EG +$14,500,000 GF RV See Note)
HB370
IVEY
TAX/CORP INCOME
- (Constitutional Amendment) Provides for a flat tax on business income and eliminates the income tax deduction for federal income taxes paid for purposes of calculating the tax liability of taxpayers who file returns on business income
HB372
IVEY
TAX/CORP INCOME
- Establishes a flat tax rate for purposes of calculating corporate income tax liability (OR DECREASE GF RV See Note)
HB385
BROADWATER
TAX/INCOME TAX
- Repeals the corporate income and franchise taxes and prohibits certain corporate taxpayers from claiming certain refundable tax credits
HB421
LEGER
TAX/CORP INCOME
- Reduces the corporate income tax rate
HB433
SHADOIN
TAX/CORP FRANCHISE
- Phases out the corporate franchise tax over a ten-year period beginning January 1, 2020 (OR -$416,000,000 GF RV See Note)
HB555
JACKSON-ANDREWS
TAX/CORP INCOME
- Provides relative to the corporate income tax deduction for certain dividend income (EN DECREASE GF RV See Note)
HB563
SAM JONES
TAX/CORP INCOME
- Requires a minimum corporate income tax (OR +$739,500,000 GF RV See Note)
HB564
MORRIS
TAX/CORP INCOME
- Reduces corporate income tax rates
OTHER BUSINESS
ANNOUNCEMENTS