under paragraph (1)(C) shall be made separately by each partner or shareholder. 302. Additional exemption for housing Louisiana storm and flood displaced individuals (a) In general In the case of taxable years of a natural person beginning in 2016 or 2017, for purposes of the Internal Revenue Code of 1986, taxable income shall be reduced by $600 for each Louisiana storm and flood displaced individual of the taxpayer for the taxable year. (b) Limitations (1) Dollar limitation The reduction under subsection (a) shall not exceed $2,500, reduced by the amount of the reduction under this section for all prior taxable years. (2) Individuals taken into account only once An individual shall not be taken into account under subsection (a) if such individual was taken into account under such subsection by the taxpayer for any prior taxable year. (3) Identifying information required An individual shall not be taken into account under subsection (a) for a taxable year unless the taxpayer identification number of such individual is included on the return of the taxpayer for such taxable year. (c) Louisiana storm and flood displaced individual For purposes of this section, the term Louisiana storm and flood displaced individual means, with respect to any taxpayer for any taxable year, any natural person if— (1) such person’s principal place of abode on the applicable disaster date, was in the Louisiana storm and flood disaster area, (2) (A) in the case of such an abode located in the core disaster area, such person is displaced from such abode, or (B) in the case of such an abode located outside of the core disaster area, such person is displaced from such abode, and— (i) such abode was damaged by the severe storms and flooding giving rise to the Presidential declaration described in section 2(1), or (ii) such person was evacuated from such abode by reason of such storms and flooding, and (3) such person is provided housing free of charge by the taxpayer in the principal residence of the taxpayer for a period of 60 consecutive