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)
2025 Regular Session
Introduced by Ken Brass and 1 co-sponsor
Louisiana extends a corporate tax credit for inventory taxes but reduces its value, postponing expiration while cutting benefits worth $130 million in state revenue.
Rules suspended.