House Bill 501

May 26, 2017

Moving closer to a special session

There comes a time, in most legislative sessions, when things appear on the verge of a complete breakdown.

Number of the Day

$4.6 million - Projected revenue gain from House Bill 501, which would eliminate several state income tax deductions and replace the current three-bracket structure with a 3.95 percent flat tax on income above $12,500. (Source: Legislative Fiscal Office)
May 25, 2017

Looking for leverage

Looking for leverage in the ongoing debate over Louisiana’s budget shortfall and the impending fiscal cliff, a bloc of Louisiana’s Democrats struck down a construction financing bill, which requires a two-thirds vote in order to pass.

Number of the Day

23 million - Number of people who would lose health insurance coverage if the House-passed AHCA becomes law. (Source: Congressional Budget Office)