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(The Center Square) – The Louisiana House overwhelmingly advanced a state constitutional amendment proposal Thursday that fell four votes short of passage less than 24 hours before.
Major tax reform legislation passes House after failing the night before Creates new individual income tax rates and repeals federal deduction Louisiana legislators convene in the House of Representatives chambers at the State Capitol during the 2020 special session. (Wes Muller/LA Illuminator. Wednesday Sept. 30, 2020) House lawmakers on Thursday passed a major tax reform bill that had failed to gain enough votes the night before. House Bill 274, sponsored by Rep. Stuart Bishop (R-Lafayette), is a proposed constitutional amendment that would create new income tax rates and get rid of the law...
The House passes a constitutional amendment that would lower state personal income tax rates in exchange for eliminating the ability to deduct federal income taxes. Lafayette Representative Stuart Bishop thanked House members for passing his bill, saying Louisiana lawmakers have tried to do this for decades. “Members, I want you to know that this is one of the first steps in true, comprehensive tax reform,” said Bishop. “I do want to thank all of you for absolutely understanding the importance of passing this.” The amendment would lower the state personal income tax rate on your first...
The Louisiana House overwhelmingly advanced a state constitutional amendment proposal Thursday that fell four votes short of passage less than 24 hours before.
Tax reform legislation fails to win enough votes in the Louisiana House Democrats block passage of bill to change individual tax rates The Louisiana Capitol Building, April 8, 2021. (Wes Muller/Louisiana Illuminator). A major tax reform measure that proposed new income tax rates and a repeal of the federal income tax deduction on individual state tax returns did not get enough votes in the Louisiana House Wednesday. The bill’s sponsor, Rep. Stuart Bishop, said he will try again to pass it at a later date. The bill received simple majority support, 65-26, but failed to win the two-thirds su...