---
type: "Bill"
title: "TAX/CORP INCOME: Provides for a flat rate for purposes of calculating corporate income tax and terminates certain corporate income tax exemptions, deductions, and credits (Item #4) (EN SEE FISC NOTE RV See Note)"
description: "TAX/CORP INCOME: Provides for a flat rate for purposes of calculating corporate income tax and terminates certain corporate income tax exemptions, deductions, and credits (Item #4) (EN SEE FISC NOTE RV See Note)"
jurisdiction: "us/states/la"
legislature: "Louisiana Legislature"
session: "2024s3"
identifier: "HB 2"
citation: "Louisiana HB 2 (2024s3)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Julie Emerson"]
version_count: 13
action_count: 24
vote_count: 4
first_action: "2024-11-01"
last_action: "2024-12-04"
source: "openstates"
source_identifier: "ocd-bill/a1f07fed-90a7-42f5-9ba9-a027633aaa6a"
source_url: "https://www.legis.la.gov/Legis/BillInfo.aspx?i=247845"
source_hash: "6d7379c41d263ecb5f2fad5e24c04d25bce3eed504edb72637a54977b9e29048"
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 HB 2 (2024s3) — TAX/CORP INCOME: Provides for a flat rate for purposes of calculating corporate income tax and terminates certain corporate income tax exemptions, deductions, and credits (Item #4) (EN SEE FISC NOTE RV See Note)

## Version chain

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

1. **HB2 Original** (filed) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1389999)
2. **HB2 Act 5** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1391650)
3. **HB2 Engrossed** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1390436)
4. **HB2 Reengrossed** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1390754)
5. **House Floor Amendment, #103, LaFleur, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1390620)
6. **House Floor Amendment, #127, Phelps, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1390721)
7. **House Floor Amendment, #81, Emerson, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1390520)
8. **Senate Committee Amendment, #126, R&F, Draft** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1390991)
9. **Senate Committee Amendment, #130, R&F, Draft** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1390994)
10. **Senate Committee Amendment, #135, R&F, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1391014)
11. **Senate Committee Amendment, #97, R&F, Draft** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1391020)
12. **Senate Floor Amendment, #164, Foil, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1391137)
13. **HB2 Enrolled** (enrolled) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1391332)

## Votes

- CONCUR IN SENATE AMENDMENTS (#61) — **90–9** (pass) · lower
- APPROPRIATIONS (#10) — **69–6** (pass) · lower
- FINAL PASSAGE (#27) — **79–19** (pass) · lower
- FINAL PASSAGE (#33) — **38–1** (pass) · upper

## Sponsors

- Julie Emerson — primary (person)
- Franklin J. Foil — cosponsor (person)

## Timeline

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

- **2024-12-04** Effective date: 01/01/2025.
- **2024-12-04** Signed by the Governor. Becomes Act No. 5. `became-law, executive-signature`
- **2024-11-25** Sent to the Governor for executive approval. `executive-receipt`
- **2024-11-22** Signed by the President of the Senate.
- **2024-11-22** Enrolled and signed by the Speaker of the House. `enrolled`
- **2024-11-22** Read by title, roll called, yeas 90, nays 9. The Senate amendments, having received two-thirds vote of the elected members, were concurred in.
- **2024-11-22** Rules suspended.
- **2024-11-22** Received from the Senate with amendments. `receipt`
- **2024-11-22** Rules suspended. Senate floor amendments read and adopted. Read by title, passed by a vote of 38 yeas and 1 nays, and ordered returned to the House. Motion to reconsider tabled. `passage`
- **2024-11-20** Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage. `reading-3`
- **2024-11-19** Reported with amendments. Rules suspended. Committee amendments read and adopted. Read by title and referred to the Legislative Bureau. `committee-passage-favorable`
- **2024-11-14** Received in the Senate; read by title Rules suspended. Read second time by title and referred to the Committee on Revenue and Fiscal Affairs. `reading-2, referral-committee`
- **2024-11-13** Read third time by title, amended, roll called on final passage, yeas 79, nays 19. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate. `passage`
- **2024-11-13** Called from the calendar.
- **2024-11-13** Read by title, returned to the calendar.
- **2024-11-12** Scheduled for floor debate on 11/13/2024.
- **2024-11-12** Read by title, ordered engrossed, passed to 3rd reading. `reading-3`
- **2024-11-11** Reported favorably (20-0). `committee-passage-favorable`
- **2024-11-10** Read by title, ordered engrossed, recommitted to the Committee on Appropriations.
- **2024-11-10** Rules suspended.
- **2024-11-10** Reported favorably (15-2). To be recommitted to the Committee on Appropriations. `committee-passage-favorable`
- **2024-11-06** Read by title, rules suspended, referred to the Committee on Ways and Means. `referral-committee`
- **2024-11-01** Under the rules, provisionally referred to the Committee on Ways and Means. `referral-committee`
- **2024-11-01** Prefiled. `filing`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a1f07fed-90a7-42f5-9ba9-a027633aaa6a`. Confidence: reported (aggregated from official Louisiana legislature records).