LA SB270 | 2015 | Regular Session

Louisiana Senate Bill 270 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 3 2015 - 25% progression, died in committee
Action: 2015-04-13 - Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Revenue and Fiscal Affairs.
Pending: Senate Revenue & Fiscal Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Authorizes the secretary of the Department of Revenue's authority to add back certain deductible expenses of corporations subject to Louisiana income or franchise tax which have either corporate gross revenues everywhere of $8 billion or $8 million of assets everywhere in order to calculate the corporation's income. (gov sig) (OR INCREASE GF RV See Note)

Title

History

Date	Chamber	Action
2015-04-13	Senate	Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Revenue and Fiscal Affairs.
2015-04-03	Senate	Prefiled and under the rules provisionally referred to the Committee on Revenue and Fiscal Affairs.

Subjects

TAX/TAXATION

Louisiana State Sources

Type	Source
Summary	https://www.legis.la.gov/legis/BillInfo.aspx?s=15rs&b=SB270&sbi=y
Text	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=937399
Supplement	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=937400
Supplement	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=946387