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

Source: theadvocate.com/baton_rouge/news/politics/legislature/article_a80b583e-45a9-11e8-9778-4b047de64ae7.html - 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.

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Category: General Business