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LouisianaSB 1182025 Regular SessionSenateWALLET

TAX/INCOME/PERSONAL: Excludes certain amounts deposited into ABLE accounts for qualified expenses of persons with disabilities from state income tax. (8/1/25) (EN DECREASE GF RV See Note)

Sponsored By: Franklin J. Foil (Republican)

Signed by Governor

Ways and MeansRevenue and Fiscal Affairs

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Disability savings tax break with withdrawal limits

For tax years beginning January 1, 2026, or later, Louisiana account owners can exclude qualifying disability savings deposits from state taxable income. Deposits must go into Louisiana ABLE accounts for a named beneficiary’s qualified disability expenses. Annual limits are $2,400 per beneficiary for single filers and $4,800 per beneficiary for joint filers. Deposits above those limits carry forward for exclusion in later years, in addition to those years’ annual limits. Deposits and interest withdrawn for other purposes count as taxable income. By January 31 each year, the ABLE authority must electronically report the prior year’s deposits to Louisiana’s Department of Revenue. Reports must include each account owner’s name, Social Security number, and total deposits.

Sponsors & Cosponsors

Sponsor

  • Franklin J. Foil

    Republican • Senate

Cosponsors

  • Adam Bass

    Republican • Senate

  • Bob Hensgens

    Republican • Senate

  • Cameron Henry

    Republican • Senate

  • Eddie J. Lambert

    Republican • Senate

  • Gary Carter

    Democratic • Senate

  • Gerald Boudreaux

    Democratic • Senate

  • Heather Cloud

    Republican • Senate

  • Jay Luneau

    Democratic • Senate

  • Jimmy Harris

    Democratic • Senate

  • Joseph Bouie

    Affiliation unavailable

  • Katrina R. Jackson-Andrews

    Democratic • Senate

  • Mark Abraham

    Republican • Senate

  • Michael "Big Mike" Fesi

    Republican • Senate

  • Patrick Connick

    Republican • Senate

  • Regina Barrow

    Democratic • Senate

  • Rick Edmonds

    Republican • Senate

  • Royce Duplessis

    Democratic • Senate

  • Stewart Cathey Jr.

    Republican • Senate

  • Valarie Hodges

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 141 • No: 1

House vote • 5/28/2025

Read third time by title, amended, roll called on final passage, yeas 92, nays 1. Finally passed, ordered to the Senate.

Yes: 92 • No: 1

House vote • 5/19/2025

Reported favorably

Yes: 12 • No: 0

Senate vote • 4/22/2025

Read by title, passed by a vote of 37 yeas and 0 nays, and sent to the House. Motion to reconsider tabled.

Yes: 37 • No: 0

Actions Timeline

  1. Signed by the Governor. Becomes Act No. 110.

    6/8/2025Senate

  2. Effective date 8/1/2025.

    6/8/2025Senate

  3. Signed by the Speaker of the House.

    6/3/2025House

  4. Sent to the Governor by the Secretary of the Senate.

    6/3/2025Senate

  5. Enrolled. Signed by the President of the Senate.

    6/2/2025Senate

  6. Read third time by title, amended, roll called on final passage, yeas 92, nays 1. Finally passed, ordered to the Senate.

    5/28/2025House

  7. Received from the House with amendments.

    5/28/2025Senate

  8. Scheduled for floor debate on 05/28/2025.

    5/27/2025House

  9. Read by title, passed to 3rd reading.

    5/21/2025House

  10. Reported without Legislative Bureau amendments.

    5/20/2025House

  11. Reported favorably (12-0). Referred to the Legislative Bureau.

    5/19/2025House

  12. Read by title, under the rules, referred to the Committee on Ways and Means.

    4/23/2025House

  13. Read by title, passed by a vote of 37 yeas and 0 nays, and sent to the House. Motion to reconsider tabled.

    4/22/2025Senate

  14. Received in the House from the Senate, read by title, lies over under the rules.

    4/22/2025House

  15. Read by title. Ordered engrossed and passed to third reading and final passage.

    4/16/2025Senate

  16. Reported favorably.

    4/15/2025Senate

  17. Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Revenue and Fiscal Affairs.

    4/14/2025Senate

  18. Prefiled and under the rules provisionally referred to the Committee on Revenue and Fiscal Affairs.

    4/3/2025Senate

Bill Text

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