A Louisiana Senate committee voted Tuesday to amend the state constitution to lower the maximum allowable personal income tax rate and give lawmakers the ability to eliminate a major tax break for federal income taxes paid.
The state constitution caps the top state income tax rate for individuals at 6%. Senate Bill 159 by Sen. Bret Allain, the Republican who chairs his chamber’s Revenue and Fiscal Affairs Committee, would lower the maximum top rate to 5%.
The amendment also would strike from the constitution the state’s income tax break for federal taxes paid. Allain said a companion statute would establish a 4.25% top