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HB253

Repeals the state tax levied on the net income of individuals and estates and trusts (OR DECREASE GF RV See Note)

Introduced·2/20/26
Ment Text

Repeals the state tax on net income of individuals, estates, and trusts.

Louisiana HB253 repeals the state tax on the net income of individuals, estates, and trusts. The bill amends and reenacts certain sections to remove the tax on net income, while retaining the tax on other income sources. The changes apply to taxable years beginning on or after January 1, 2027.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Ways and Means Committee
Next
Committee decision

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

Calendar

Mar 30

9:00 AM

House Committee on Ways and Means

History

Mar 9

House

Read by title, under the rules, referred to the Committee on Ways and Means.

Feb 20

House

Prefiled.

Feb 20

House

Under the rules, provisionally referred to the Committee on Ways and Means.