2023 Legislative Session

July 18, 2023

Don’t erode the franchise tax

Louisiana’s economy works best when everyone – including large petrochemical corporations headquartered in other states or countries – pays their fair share in taxes to ensure that every community has access to good schools, affordable health care and safe streets. 

The state’s corporate franchise tax is a key component of making sure that the biggest, most profitable companies don’t escape tax liability.… Read more...

July 11, 2023

The 2023 Legislature: Missed Opportunities

June 8, 2023

LBP statement on the 2023 legislative session

The 2023 Louisiana legislative session began with great promise and ended with chaos, confusion and disappointment. 

With record amounts of revenue at their disposal, state policymakers failed to give public school teachers a permanent pay raise, and made a last-minute decision to cut $100 million that supports health care programs for low-income Louisianans and people with disabilities.… Read more...

June 1, 2023

Commentary: It’s time to lift the expenditure cap

There are many important numbers in Louisiana’s state budget, but one that matters most this week: 70. 

That’s how many votes constitute a two-thirds majority in the state House of Representatives. It’s what’s needed to make sure all public school teachers get the $3,000 pay raise they deserve, investments in early childhood services can continue, and construction projects in every corner of the state can get the funding they need.… Read more...