TAX CREDITS: Increases the amount of the earned income tax credit (OR -$64,600,000 GF RV See Note)

HB 133 increases Louisiana's earned income tax credit (EITC) to 5.10% of the federal EITC amount for which an individual qualifies. It directly affects low-to-moderate-income Louisiana residents who claim the federal EITC, providing them with a larger state tax refund. The bill sets this credit rate for tax years starting January 1, 2026, through 2030, aligning Louisiana's credit with federal eligibility rules. The policy change takes effect in 2026, with the credit amount calculated based on the federal EITC calculation. This is a substantive tax policy change, not a procedural measure.