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Millions in Disputed Louisiana Taxes Now Freed for Spending

Source: https://usnews.com/news/best-states/louisiana/articles/2017-11-08/millions-in-disputed-louisiana-taxes-now-freed-for-spending - Nov 10, 2017

BATON ROUGE, La. (AP) — Millions in taxes paid under protest are available for state spending after Louisiana's chemical industry lost its lawsuit challenging a 2015 sales tax change.

The state treasurer's office said Wednesday that $15.9 million was transferred this week, freed from the Department of Revenue's escrow account.

Lawmakers already have earmarked the money for a list of state expenses.

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Category: General Business