Sen. J.P. Coussan

TAX/CORP INCOME: Provides for a flat rate for purposes of calculating corporate income tax and terminates certain corporate income tax exemptions, deductions, and credits (Item #4) (EN SEE FISC NOTE RV See Note)

TAX: Provides for the rate of the state sales and use tax and for exemptions, exclusions, credits, and rebates claimed against sales and use taxes; and provides for a flat rate of income tax for individuals, estates, and trusts, increases the standard deduction, and modifies or repeals certain income tax deductions and credits (Items #5, 6, and 8) (EN SEE FISC NOTE RV See Note)

CIVIL PROCEDURE: Provides for legislative continuances and extensions of time for legislators and legislative employees. (Item #20) (gov sig)

FUNDS/FUNDING: (Constitutional Amendment) Revises Article VII of the Constitution of La. (Items #1, 2, 7, and 14) (EN DECREASE RV See Note)

TAX/CORP FRANCHISE: Repeals the corporation franchise tax and limits eligibility of certain credits to be claimed against corporation franchise tax (Item #3) (EN -$574,000,000 RV See Note)

APPROPRIATIONS: Limits the amount of money that may be appropriated in a fiscal year (Item #14) (EN SEE FISC NOTE GF EX)

TEACHERS/SALARY: Requires school systems to provide a salary increase for teachers and other school employees using savings attributable to the state's payment of certain unfunded accrued liability of the Teachers' Retirement System of Louisiana (Item #2) (EN GF EX See Note)

ELECTIONS/SPECIAL: Calls a special statewide election on March 29, 2025, for submitting proposed constitutional amendments to the state's electors (Item #22) (EN +$3,281,010 GF EX See Note)

FUNDS/FUNDING: Relative to finances of the state (Items #16 and 21) (EN DECREASE GF RV See Note)

COURTS: Constitutional amendment to provide for elections to fill newly-created judgeships and judicial vacancies and for exceptions as to courts of limited or specialized jurisdictions. (2/3 - CA13s1(A)) (Item #20) (EN NO IMPACT GF EX See Note)