LA HB25 | 2020 | 1st Special Session

Louisiana House Bill 25 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 4 2020 - 25% progression, died in committee
Action: 2020-06-16 - Read by title, amended, ordered engrossed, recommitted to the Committee on Appropriations.
Pending: House Appropriations Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Authorizes carry-back provisions for the net operating loss deduction for purposes of calculating corporate income tax (Item #20) (EG DECREASE GF RV See Note)

Title

Authorizes carry-back provisions for the net operating loss deduction for purposes of calculating corporate income tax (Item #20) (EG DECREASE GF RV See Note)

History

Date	Chamber	Action
2020-06-16	House	Read by title, amended, ordered engrossed, recommitted to the Committee on Appropriations.
2020-06-15	House	Reported with amendments (14-0).
2020-06-04	House	Read by title, rules suspended, referred to the Committee on Ways and Means.

Subjects

TAX/CORP INCOME

Louisiana State Sources

Type	Source
Summary	https://www.legis.la.gov/legis/BillInfo.aspx?s=201ES&b=HB25&sbi=y
Text	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1179649
Text	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1182171
Amendment	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1181425
Amendment	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1181741
Amendment	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1182129
Supplement	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1179650
Supplement	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1180707
Supplement	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1182227
Supplement	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1182438