HB383 — TAX CREDITS: Postpones the termination of a tax credit for C-corporations for local inventory taxes paid but reduces the amount of the credit for those taxpayers (EG1 -$130,000,000 SD RV See Note)

HB383 — TAX CREDITS: Postpones the termination of a tax credit for C-corporations for local inventory taxes paid but reduces the amount of the credit for those taxpayers (EG1 -$130,000,000 SD RV See Note) · Informed CitizenryHB 383 amends R.S. 47:6006(A)(3) to extend the termination date for the income tax credit for local inventory taxes paid for C-corporations from July 1, 2026, to July 1, 2028. The bill also reduces…Open in Informed Citizenry