Louisiana legislation · 2025 Regular Session
Louisiana SB118: TAX/INCOME/PERSONAL: Excludes certain amounts deposited into ABLE accounts for qualified expenses of persons with disabilities
Status: Chaptered, June 8, 2025
TAX/INCOME/PERSONAL: Excludes certain amounts deposited into ABLE accounts for qualified expenses of persons with disabilities from state income tax. (8/1/25) (EN DECREASE GF RV See Note)
What the bill says
An act To amend and reenact R.S. 17:3088 and to enact R.S. 47:293(9)(a)(xxvii), relative to the Achieving a Better Life Experience Account Program (ABLE); to provide relative to tax table income; to exclude certain deposits into ABLE accounts for financing of certain qualified expenses of persons with disabilities; to provide for applicability; and to provide for related matters.
From the introduced text:
AN ACT To amend and reenact R.S. 17:3088 and to enact R.S. 47:293(9)(a)(xxvii), relative to the Achieving a Better Life Experience Account Program (ABLE); to provide relative to tax table income; to exclude certain deposits into ABLE accounts for financing of certain qualified expenses of persons with disabilities; to provide for applicability; and to provide for related matters. Be it enacted by the Legislature of Louisiana: Section 1. R.S. 17:3088 is hereby amended and reenacted to read as follows: §3088. Amounts deposited in ABLE accounts; Louisiana income tax; tax table income For tax years beginning on and after January 1, 2016, amounts deposited in an ABLE account on behalf of any designated beneficiary may be excluded from tax table income for purposes of Louisiana income tax if authorized by the provisions of R.S. 47:293(9)(a). For tax years beginning on and after January 1, 2026, amounts that an account owner deposits into an ABLE account on behalf of any designated beneficiary shall be exempt from inclusion in the account owner's taxable income for the purposes of state individual income tax up to a maximum Page 1 of Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SLS 25RS-375 ORIGINAL SB NO. of two thousand four hundred dollars per beneficiary per taxable …
Sponsors
- Fisher, Adrian (D, 16) · primary sponsor
- Abraham, Mark (R, 25)
- Barrow, Regina (D, 15)
- Tarver, Phillip (R, 36)
- Schamerhorn, Rodney (R, 24)
- Bouie, Joseph (D)
- Bagley, Larry (R, 7)
- Cathey Jr., Stewart (R, 33)
- Deshotel, Daryl (R, 28)
- Crews, Raymond (R, 8)
- Bamburg Jr., Dennis (R, 5)
- Melerine, Michael (R, 6)
Latest actions
- : Signed by the Governor. Becomes Act No. 110.
- : Effective date 8/1/2025.
- : Signed by the Speaker of the House.
- : Sent to the Governor by the Secretary of the Senate.
- : Enrolled. Signed by the President of the Senate.
- : Amendments proposed by the House read and concurred in by a vote of 36 yeas and 0 nays.
- : Read third time by title, amended, roll called on final passage, yeas 92, nays 1. Finally passed, ordered to the Senate.
- : Received from the House with amendments.
- : Scheduled for floor debate on 05/28/2025.
- : Read by title, passed to 3rd reading.
Votes
- House Vote on HB 77, ADOPT CONFERENCE REPORT (#1261) (June 1, 2025): 99 yea, 0 nay, passed
- House Vote on HB 77, REJECT SENATE AMENDMENTS (#994) (May 28, 2025): 99 yea, 0 nay, passed
- Senate Vote on HB 77, FINAL PASSAGE (#684) (April 22, 2025): 39 yea, 0 nay, passed
- Senate Vote on HB 77, CO-AUTHORS (#685) (April 22, 2025): 13 yea, 0 nay, passed
Common questions
- What is SB118?
- SB118 is a bill in the Louisiana Legislature (2025 Regular Session): TAX/INCOME/PERSONAL: Excludes certain amounts deposited into ABLE accounts for qualified expenses of persons with disabilities .
- What does SB118 do?
- In its own words: An act To amend and reenact R.S. 17:3088 and to enact R.S. 47:293(9)(a)(xxvii), relative to the Achieving a Better Life Experience Account Program (ABLE); to provide relative to tax table income; to exclude certain deposits into ABLE accounts for financing of certain qualified expenses of persons with disabilities; to provide for applicability; and to provide for related matters.
- What is the status of SB118?
- Chaptered as of June 8, 2025. Latest action: Signed by the Governor. Becomes Act No. 110. (June 8, 2025).
- Who sponsored SB118?
- Fisher, Adrian (D, 16), with 11 co-sponsors.
- Where is the official record for SB118?
- On the Louisiana Legislature website: https://legis.la.gov/legis/BillInfo.aspx?s=25RS&b=SB118
Source: official Louisiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.