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Louisiana House spurns first large money-raising tax bill

Source: neworleanscitybusiness.com/blog/2017/05/17/louisiana-house-spurns-first-large-money-raising-tax-bill/ - May 18, 2017

The Louisiana House has taken up its first significant proposal to fill a large, looming state budget hole. And lawmakers in the chamber resoundingly rejected it.

Tuesday’s vote raises questions about whether the majority-Republican chamber will take any actions this session to make a dent in the more than $1 billion budget gap that hits in mid-2018, when temporary sales taxes passed by lawmakers expire.

Only 22 lawmakers voted for Rep. Jay Morris’ bill to scrap millions in sales tax breaks. Seventy-nine opposed it.

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Category: General Business