HB341 — TAX/INCOME TAX: Repeals the motion picture production tax credit and reduces the individual income tax rate (OR -$310,300,000 GF RV See Note)

HB341 — TAX/INCOME TAX: Repeals the motion picture production tax credit and reduces the individual income tax rate (OR -$310,300,000 GF RV See Note) · Informed CitizenryHB 341 amends Louisiana law to reduce the state individual income tax rate from three percent to two and seventy-five one hundredths percent (2.75%) on net income, effective January 1, 2027. The bi…Open in Informed Citizenry