TAX/TAXATION: Provides relative to the transfer and refundability of certain income tax credits. (gov sig) (RE INCREASE GF RV See Note)
SB 44 addresses regulations concerning income tax credits, specifically focusing on their transferability and refundability. This means the bill aims to modify the rules that dictate if and how certain income tax credits can be moved between parties, and whether taxpayers can receive a refund for credit amounts that exceed their tax liability. The changes would impact individuals and entities eligible for these particular income tax credits.
Bill status
passed
3 of 5 stages cleared
Introduction
Mar 2025
Committee Review
May 2025
Senate Passage
May 2025
House Passage
Governor
Introduced Mar 31, 2025
Last action May 14, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
SB44 Reengrossed
→
SB44 Engrossed
·
3 edits
·
May 12, 2025
MINOR
The bill was renumbered from 'Reengrossed' to 'Engrossed' to reflect its final legislative status. The primary substantive change is the removal of the requirement to amend R.S. 47:6006.1(D)(1), indicating that this specific section regarding vessel tax credits was not modified in this version. Additionally, the bill's purpose statement was updated to clarify that it addresses the 'transfer of credits' rather than just their carryforward.
Scope change
The bill's scope remains focused on tax credits for local inventory taxes, vessel taxes, and oyster shell recycling, but the specific legislative intent regarding the carryforward of vessel tax credits was narrowed by removing a referenced statutory amendment.
TECHNICAL
The requirement to amend R.S. 47:6006.1(D)(1) was removed from the list of statutes to be changed.
The document header was updated from 'REENGROSSED' to 'ENGROSSED' to indicate the bill's final state.
SCOPE
The bill's purpose statement was updated to explicitly mention the 'transfer of tax credits' instead of just the carryforward of credits.
Floor votes · Senate May 12, 2025
How they voted
21–14
Passed · 2 other
Total votes 37
May 12, 2025
D
Democratic11
100% Yea
R
Republican26
53% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
9
Key actions
3
Committee
5
May 14, 2025
Committee
Read by title, under the rules, referred to the Committee on Ways and Means.
lower
May 12, 2025
Upper · Passed
Senate floor amendments read and adopted. Read by title and passed by a vote of 22 yeas and 15 nays; ordered reengrossed and sent to the House. Motion to reconsider tabled.
upper
May 8, 2025
Upper · Passed
Rules suspended. Recalled from Committee.
upper
May 7, 2025
Committee
Read by title. Committee amendments read and adopted; ordered engrossed and recommitted to the Committee on Finance.
upper
May 6, 2025
Upper · Passed
Reported with amendments.
upper
Apr 14, 2025
Committee
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Revenue and Fiscal Affairs.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jay Luneau
DDemocratic
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