September 29, 2020

Volume X, Number 273

September 29, 2020

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September 28, 2020

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Louisiana Governor Calls for Second Special Session

Louisiana Governor John Bel Edwards has released his Call for the Second Special Session in 2016.   The special session will begin at 6:30 p.m. on June 6, 2016, which is 30 minutes after the regular session ends.  The special session will end on June 23, 2016.

The Call contains numerous items to address certain “unintended consequences” from the First Special Session, including taxation of isolated and occasional sales.  Additionally, however, it includes the following major items:

  • Deductibility of excess federal itemized personal deductions in computing state income taxes;

  • Rates and brackets for state income tax;

  • Interest paid on refunds of tax overpayments;

  • Tax credits eligible to be refunded from current collections of the tax; and

  • Sales of items of tangible personal property for further processing.

The last item, perhaps, is the interesting as it is the result of the Louisiana Supreme Court’s decision in Bridges v. Nelson Industrial Steam Co.

© 2020 Jones Walker LLPNational Law Review, Volume VI, Number 148


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Jones Walker's Estate Planning & Administration practice provides a variety of estate planning and personal planning services for individuals and families, including wills, lifetime trusts, and marital property agreements. Our attorneys administer decedents' estates, both domiciliary and ancillary, and prepare estate and gift tax returns.

Our attorneys, several of whom are members of the American College of Trust and Estate Counsel, are experienced in structuring estate plans for estates of all sizes, including estates of business owners, as...