HB667 — TAX/INCOME TAX: Reduces the rate of the individual income tax and authorizes an income tax deduction for taxpayers sixty-five years of age and older (RE -$377,900,000 GF RV See Note)

HB667 — TAX/INCOME TAX: Reduces the rate of the individual income tax and authorizes an income tax deduction for taxpayers sixty-five years of age and older (RE -$377,900,000 GF RV See Note) · Informed CitizenryThe bill amends and reenacts R.S. 47:32(A) and enacts new sections regarding income tax deductions for individuals. Effective for taxable periods beginning on or after January 1, 2027, the state i…Open in Informed Citizenry