State Budget & Tax
BATON ROUGE – A new report from the Louisiana Budget Project outlines the highlights and lowlights of the 2019 Legislature, including key issues and bills that LBP focused on during the two-month session. The report, A Return to Normalcy, focuses on key areas related to tax and budget, education, economic opportunity and the protection of basic necessities.… Read more...
The Legislature’s current session is supposed to be focused mainly on tax and budget issues. But after a tumultuous 2018, marked by three special sessions devoted to filling a budget shortfall, there appears to be little appetite for making major structural changes to state tax policy.… Read more...
Updated, May 8, 3:20 p.m.: This post has been updated to reflect additional appropriations to DCFS proposed in House Bill 392.
The Louisiana House is scheduled to debate next year’s $30 billion state operating budget on Thursday, and the dispute that’s making headlines involves $40 million in public education funding.… Read more...
The $31.8 billion proposed budget Gov. John Bel Edwards released Feb. 22 comes amid a period of financial stability in state government after a decade marked by fiscal turmoil. Steady economic growth, combined with the Legislature’s decision to partially renew a sales tax that was due to expire last year, means the state can expect enough revenue in 2019-20 to fund key health care and education programs without any damaging cuts to services.… Read more...