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Lawmaker files bill proposing to double the state’s earned income tax credit

Summary by New Orleans CityBusiness
Rep. Matthew Willard, D-Orleans, has filed a bill proposing to double the state’s Earned Income Tax Credit for low- and moderate-income families. Currently, Louisiana taxpayers receive a state EITC equal to 5% of their federal EITC, a provision set to remain in effect until Dec. 31, 2030. Starting in 2031, the state credit is scheduled to decrease to 3.5% of the federal amount. The proposed legislation, House Bill 133, would increase the state E…

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Lawmaker files bill proposing to double the state’s earned income tax credit

Rep. Matthew Willard, D-Orleans, has filed a bill proposing to double the state’s Earned Income Tax Credit for low- and moderate-income families. Currently, Louisiana taxpayers receive a state EITC equal to 5% of their federal EITC, a provision set to remain in effect until Dec. 31, 2030. Starting in 2031, the state credit is scheduled to decrease to 3.5% of the federal amount. The proposed legislation, House Bill 133, would increase the state E…

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The Center SquareThe Center Square
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Fort Wayne Business WeeklyFort Wayne Business Weekly
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Lawmaker files bill proposing to double the state's earned income tax credit

(The Center Square) − Rep. Matthew Willard, D-Orleans, has filed a bill proposing to double the state's Earned Income Tax Credit for low- and moderate-income families.

·United States
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The Center Square broke the news in United States on Thursday, April 3, 2025.
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