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LouisianaSB 1862025 Regular SessionSenate

TAX/TAXATION: Provides relative to the New Markets tax credit. (gov sig) (EN -$22,500,000 GF RV See Note)

Sponsored By: Mike Reese (Republican)

Signed by Governor

Ways and MeansRevenue and Fiscal Affairs

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Mike Reese

    Republican • Senate

Cosponsors

  • Steven Jackson

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 145 • No: 3

House vote • 6/9/2025

Read third time by title, roll called on final passage, yeas 92, nays 3. Finally passed, ordered to the Senate.

Yes: 92 • No: 3

House vote • 6/2/2025

Reported favorably

Yes: 16 • No: 0

Senate vote • 5/13/2025

Senate floor amendments read and adopted. Read by title and passed by a vote of 37 yeas and 0 nays; ordered reengrossed and sent to the House. Motion to reconsider tabled.

Yes: 37 • No: 0

Actions Timeline

  1. Signed by the Governor. Becomes Act No. 441.

    6/20/2025Senate

  2. Effective date 6/20/2025.

    6/20/2025Senate

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

    6/11/2025Senate

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

    6/10/2025Senate

  5. Signed by the Speaker of the House.

    6/10/2025House

  6. Read third time by title, roll called on final passage, yeas 92, nays 3. Finally passed, ordered to the Senate.

    6/9/2025House

  7. Received from the House without amendments.

    6/9/2025Senate

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

    6/4/2025House

  9. Scheduled for floor debate on 06/09/2025.

    6/4/2025House

  10. Reported without Legislative Bureau amendments.

    6/3/2025House

  11. Reported favorably (16-0). Referred to the Legislative Bureau.

    6/2/2025House

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

    5/15/2025House

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

    5/14/2025House

  14. Senate floor amendments read and adopted. Read by title and passed by a vote of 37 yeas and 0 nays; ordered reengrossed and sent to the House. Motion to reconsider tabled.

    5/13/2025Senate

  15. Rules suspended. Recalled from Committee.

    5/8/2025Senate

  16. Read by title and passed to third reading and final passage.

    5/8/2025Senate

  17. Read by title. Committee amendments read and adopted; ordered engrossed and recommitted to the Committee on Finance.

    4/29/2025Senate

  18. Reported with amendments.

    4/28/2025Senate

  19. 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

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

    4/4/2025Senate

Bill Text

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