News / Article

Louisiana Senate looks at cutting these three tax rebates to help raise state revenue

Source: theadvocate.com - Apr 23, 2018

s the Louisiana Senate takes up a House-passed state budget proposal that makes deep cuts in popular government services, the lower chamber is being asked to look at Senate-passed legislation that would raise some revenue by permanently reducing three popular tax rebates.

Sen. Jay Luneau, D-Alexandria, wants to make permanent reductions set to expire June 30 for three growing economic development incentives: Quality Jobs, Enterprise Zones and Competitive Salaries.

How well-received the idea is in the House could be an early indicator of whether Louisiana lawmakers can overcome their philosophical differences about raising revenue.

CLICK SOURCE LINK TO READ ARTICLE

Category: General Business