HB 628

April 26, 2017

The CAT is gone

The centerpiece of Gov. John Bel Edwards’ tax package - a proposed commercial activity tax on corporations contained in House BIll 628 - failed to make it out of the House Ways and Means Committee on Tuesday.

Number of the Day

$18 million - Amount of cuts to higher education under a standstill budget proposed by Republican House members. (Source: The Advocate)
April 25, 2017

CAT on the hot seat

Members of the House Ways & Means Committee spent several hours on Monday reviewing Gov. John Bel Edwards’ proposed Commercial Activities Tax, and when it was over the media joined committee Republicans in declaring the bill dead.

Number of the Day

5.7 percent-  Unemployment rate in Louisiana, which has decreased for 4 consecutive months. (Source: Louisiana Workforce Commission)
April 18, 2017

Here comes the CAT

The centerpiece of Gov. John Bel Edwards’ tax reform plan - a new tax on corporate sales, or Commercial Activity Tax - was revealed late Monday with the filing of House Bill 628 by Rep. Sam Jones of Franklin.

Number of the Day

15.1 -  Number of days the state could stay afloat using all of the money in the Rainy Day Fund, down from 69.3 days in 2007 (Source: The Pew Charitable Trusts)