HB485 — TAX/INCOME TAX: Establishes an individual income tax deduction for net capital gains (OR DECREASE GF RV See Note)

HB485 — TAX/INCOME TAX: Establishes an individual income tax deduction for net capital gains (OR DECREASE GF RV See Note) · Informed CitizenryHB485 amends Louisiana's individual income tax code to authorize a deduction for net capital gains. For resident individuals, the definition of "Tax table income" is amended to subtract this new de…Open in Informed Citizenry