TAX CREDITS: Authorizes an enhanced Angel Investor tax credit for investments made in Louisiana Entrepreneurial Businesses located in federally established opportunity zones (EG -$500,000 GF RV See Note)
Bill status
passed
3 of 5 stages cleared
Introduction
Apr 2019
Committee Review
May 2019
House Passage
May 2019
Senate Passage
Governor
Introduced Apr 15, 2019
Last action May 28, 2019
Floor votes · House May 22, 2019
How they voted
97–1
Passed · 6 other
Total votes 104
May 22, 2019
D
Democratic38
92% Yea
I
Independent3
100% Yea
R
Republican63
93% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
15
Key actions
1
Committee
4
Amendments
1
May 28, 2019
Senate · Referred to committee
Read by title. Recommitted to the Committee on Finance.
May 27, 2019
Senate · Reported by committee
Rules suspended. Reported favorably.
May 23, 2019
Senate · Referred to committee
Read second time by title and referred to the Committee on Revenue and Fiscal Affairs.
May 22, 2019
House · Passed
Read third time by title, roll called on final passage, yeas 98, nays 1. Finally passed, title adopted, ordered to the Senate.
May 6, 2019
House · Amendment offered
Reported with amendments (15-0).
Apr 16, 2019
House · Referred to committee
Read by title, under the rules, referred to the Committee on Ways and Means.
1 primary · 1 co-sponsor
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 586
Scope: LA
Hi! I can help you understand HB 586. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline