---
type: "Bill"
title: "TAX/FRANCHISE/CORPORATE: Extends the termination date of the exemption from corporate franchise tax for small business corporations. (See Act) (EN -$55,900,000 GF RV See Note)"
description: "TAX/FRANCHISE/CORPORATE: Extends the termination date of the exemption from corporate franchise tax for small business corporations. (See Act) (EN -$55,900,000 GF RV See Note)"
jurisdiction: "us/states/la"
legislature: "Louisiana Legislature"
session: "2021"
identifier: "SB 161"
citation: "Louisiana SB 161 (2021)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["R. L. Bret Allain, II"]
version_count: 7
action_count: 46
vote_count: 7
first_action: "2021-04-01"
last_action: "2021-06-16"
source: "openstates"
source_identifier: "ocd-bill/7c1fc171-d4b5-42b4-a13a-a162e36b3db2"
source_url: "http://www.legis.la.gov/Legis/BillInfo.aspx?i=240330"
source_hash: "cfe007da9e87733a62f4b83c9932c2deb1a79d8ea4a778619fc312d99ea0dda6"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-la"]
---

# Louisiana SB 161 (2021) — TAX/FRANCHISE/CORPORATE: Extends the termination date of the exemption from corporate franchise tax for small business corporations. (See Act) (EN -$55,900,000 GF RV See Note)

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **SB161 Original** (filed) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1210815)
2. **Conference Committee Report, #2475, House Adopted, Senate Withdrawn** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1227138)
3. **Conference Committee Report, #3575, House Adopted, Senate Adopted** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1232682)
4. **House Floor Amendment, #3253, Riser, Adopted** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1226260)
5. **SB161 Act 389** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1235878)
6. **SB161 Engrossed** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1213553)
7. **SB161 Enrolled** (enrolled) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1234075)

## Votes

- ADOPT (#1047) — **38–0** (pass) · upper
- REJECT (#450) — **36–0** (pass) · upper
- FINAL PASSAGE (#56) — **39–0** (pass) · upper
- ADOPT (#778) — **37–0** (pass) · upper
- FINAL PASSAGE (#562) — **98–0** (pass) · lower
- ADOPT CONFERENCE REPORT (#1188) — **90–14** (pass) · lower
- RECONSIDER (#1040) — **35–0** (pass) · upper

## Sponsors

- R. L. Bret Allain, II — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-06-16** Effective date: See Act.
- **2021-06-16** Signed by the Governor. Becomes Act No. 389. `executive-signature`
- **2021-06-10** Sent to the Governor by the Secretary of the Senate. `executive-receipt`
- **2021-06-10** Signed by the Speaker of the House.
- **2021-06-10** Enrolled. Signed by the President of the Senate.
- **2021-06-09** Notice House adopted the Conference Committee Report.
- **2021-06-09** Notice of Senate adoption of Conference Committee Report.
- **2021-06-09** Conference Committee Report read; adopted by a vote of 38 yeas and 0 nays.
- **2021-06-09** Rules suspended.
- **2021-06-09** Conference Committee Report read, roll called, yeas 90, nays 14. The Conference Committee Report was adopted.
- **2021-06-09** Rules suspended.
- **2021-06-09** Conference Committee report received.
- **2021-06-09** Notice House recommitted the report to the Conference Committee.
- **2021-06-09** Notice the Senate recommitted the report to the Conference Committee.
- **2021-06-09** The Senate recommitted the report to the Conference Committee.
- **2021-06-09** By a vote of 35 yeas and 0 nays.
- **2021-06-09** Reconsidered adoption of Conference Committee.
- **2021-06-09** Rules suspended.
- **2021-06-09** The House recommitted the bill to Conference Committee.
- **2021-06-08** Scheduled for floor debate on 06/09/2021.
- **2021-06-03** Notice of Senate adoption of Conference Committee Report.
- **2021-06-03** Conference Committee Report read; adopted by a vote of 37 yeas and 0 nays.
- **2021-06-03** Rules suspended.
- **2021-06-03** Conference committee report received.
- **2021-06-03** Conference Committee report received. Lies over under the rules.
- **2021-06-02** Notice House Conference Committee members appointed.
- **2021-06-02** House conferees appointed: Bishop, Riser, and Bacala.
- **2021-06-02** Notice of Senate conferees appointed.
- **2021-06-01** Senate conference committee members appointed: Cortez, Allain, and Reese.
- **2021-05-24** Notice of Senate rejecting House amendments.
- **2021-05-24** Amendments proposed by the House read and rejected by a vote of 36 yeas and 0 nays.
- **2021-05-20** Received from the House with amendments.
- **2021-05-19** Read third time by title, amended, roll called on final passage, yeas 98, nays 0. Finally passed, ordered to the Senate. `passage`
- **2021-05-18** Scheduled for floor debate on 05/19/2021.
- **2021-05-13** Read by title, passed to 3rd reading.
- **2021-05-12** Reported without Legislative Bureau amendments.
- **2021-05-11** Reported favorably (13-0). Referred to the Legislative Bureau.
- **2021-04-22** Read by title, under the rules, referred to the Committee on Ways and Means. `referral-committee`
- **2021-04-21** Received in the House from the Senate, read by title, lies over under the rules.
- **2021-04-20** Read by title, passed by a vote of 39 yeas and 0 nays, and sent to the House. Motion to reconsider tabled. `passage`
- **2021-04-19** Read by title; made Special Order of the Day No. 4 for 04/20.
- **2021-04-19** Rules suspended.
- **2021-04-14** Read by title. Ordered engrossed and passed to third reading and final passage.
- **2021-04-13** Reported favorably.
- **2021-04-12** Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Revenue and Fiscal Affairs. `referral-committee`
- **2021-04-01** Prefiled and under the rules provisionally referred to the Committee on Revenue and Fiscal Affairs. `filing, referral-committee`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7c1fc171-d4b5-42b4-a13a-a162e36b3db2`. Confidence: reported (aggregated from official Louisiana legislature records).