Lawmaker proposes redirecting some Convention Center taxes to New Orleans roads
Source:
theadvocate.com
- Apr 26, 2017
A state representative is proposing to redirect about $16 million a year in taxes from the Ernest N. Morial Convention Center to an independent board that would spend the money on fixing streets in New Orleans.
The proposal, by state Rep. Stephanie Hilferty, would take the revenue from two existing taxes away from the center. The taxes, a 1 percent tax on hotel rooms and a quarter-cent sales tax on food and drinks sold citywide, were put in place by the Legislature in 2002 to fund an expansion of the Convention Center that has not taken place.
“I understand that tourism is one of the backbones of our economy, but our city can’t crumble around our tourism district,” said Hilferty, a Republican whose district includes Lakeview and parts of Metairie.
CLICK SOURCE ABOVE TO READ ENTIRE ARTICLE
Category: General Business
|