---
type: "Bill"
title: "TAX/TAXATION: Provides for the treatment of certain pass through entities under the inventory tax credit. (gov sig) (EN INCREASE SD RV See Note)"
description: "TAX/TAXATION: Provides for the treatment of certain pass through entities under the inventory tax credit. (gov sig) (EN INCREASE SD RV See Note)"
jurisdiction: "us/states/la"
legislature: "Louisiana Legislature"
session: "2025"
identifier: "SB 65"
citation: "Louisiana SB 65 (2025)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Franklin J. Foil"]
version_count: 9
action_count: 23
vote_count: 3
first_action: "2025-04-02"
last_action: "2025-06-20"
source: "openstates"
source_identifier: "ocd-bill/6c567118-3b20-4553-8e6e-23072a44acda"
source_url: "https://www.legis.la.gov/Legis/BillInfo.aspx?i=248221"
source_hash: "e725bdc151e9c96239155940029606a2b6e3bebcd7bb9f8fc1c21e03ef88b796"
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 65 (2025) — TAX/TAXATION: Provides for the treatment of certain pass through entities under the inventory tax credit. (gov sig) (EN INCREASE SD RV See Note)

## Version chain

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

1. **SB65 Original** (filed) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1401958)
2. **House Floor Amendment, #3374, Emerson, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1417441)
3. **SB65 Act 412** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1425970)
4. **SB65 Engrossed** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1405558)
5. **SB65 Reengrossed** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1412606)
6. **Senate Committee Amendment, #480, R&F, Draft** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1405403)
7. **Senate Committee Amendment, #490, R&F, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1405463)
8. **Senate Floor Amendment, #938, Foil, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1408745)
9. **SB65 Enrolled** (enrolled) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1424654)

## Votes

- FINAL PASSAGE (#679) — **95–0** (pass) · lower
- FINAL PASSAGE (#190) — **36–0** (pass) · upper
- CONCUR (#929) — **34–0** (pass) · upper

## Sponsors

- Franklin J. Foil — primary (person)

## Timeline

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

- **2025-06-20** Effective date 6/20/2025.
- **2025-06-20** Signed by the Governor. Becomes Act No. 412. `became-law, executive-signature`
- **2025-06-12** Sent to the Governor by the Secretary of the Senate on 6/13/2025. `executive-receipt`
- **2025-06-12** Signed by the Speaker of the House.
- **2025-06-12** Enrolled. Signed by the President of the Senate. `enrolled`
- **2025-06-11** Amendments proposed by the House read and concurred in by a vote of 34 yeas and 0 nays.
- **2025-06-11** Called from the Calendar.
- **2025-06-01** Read by title and returned to the Calendar, subject to call.
- **2025-05-28** Received from the House with amendments. `receipt`
- **2025-05-28** Read third time by title, amended, roll called on final passage, yeas 95, nays 0. Finally passed, ordered to the Senate. `passage`
- **2025-05-27** Scheduled for floor debate on 05/28/2025.
- **2025-05-21** Read by title, passed to 3rd reading. `reading-3`
- **2025-05-20** Reported without Legislative Bureau amendments.
- **2025-05-19** Reported favorably (11-0). Referred to the Legislative Bureau. `committee-passage-favorable`
- **2025-05-12** Read by title, under the rules, referred to the Committee on Ways and Means. `referral-committee`
- **2025-05-08** Received in the House from the Senate, read by title, lies over under the rules.
- **2025-05-07** Senate floor amendments read and adopted. Read by title and passed by a vote of 36 yeas and 0 nays; ordered reengrossed and sent to the House. Motion to reconsider tabled. `passage`
- **2025-05-07** Called from the Calendar.
- **2025-04-22** Read by title and returned to the Calendar, subject to call.
- **2025-04-16** Read by title. Committee amendments read and adopted. Ordered engrossed and passed to third reading and final passage.
- **2025-04-15** Reported with amendments. `committee-passage-favorable`
- **2025-04-14** Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Revenue and Fiscal Affairs. `referral-committee`
- **2025-04-02** 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/6c567118-3b20-4553-8e6e-23072a44acda`. Confidence: reported (aggregated from official Louisiana legislature records).