House Bill No. by Representative Dewitt proposes to amend Louisiana's individual income tax laws by introducing deductions for certain types of income. Specifically, the bill allows for deductions from tax table income for overtime compensation and tip income earned by resident individuals. The deductions will be equal to the actual amounts earned during the taxable year, with "overtime compensation" defined as wages for hours worked beyond a 40-hour workweek, and "tip income" encompassing amounts reported as "social security tips," "allocated tips," and net cash and charge tips received.

To claim these deductions, taxpayers must maintain records and documentation related to their overtime and tip income, which must be provided to the Department of Revenue upon request. The bill also grants the secretary of the Department of Revenue the authority to create rules necessary for implementing these provisions. The effective date for these changes is set for January 1, 2026, and they will apply to taxable years beginning on or after that date.