Katrina Jackson
June 25, 2018
When the Louisiana House adjourned on Thursday, its members were hopelessly deadlocked over one-tenth of a penny of sales-tax renewal.
Number of the Day
3 - Special sessions of the Louisiana Legislature required to reach a revenue compromise that keeps most state services operating at current levels. (Source: Louisiana Legislature)June 5, 2018
The second special session of 2018 went down to the final seconds, as most predicted it would. When it was all over at the stroke of midnight, there were bright spots and disasters and the all-but-certain specter of a third special session later this month.
Number of the Day
$60,000 - Estimated cost per day of special legislative sessions (Source: The Advocate)June 4, 2018
The Legislature has until midnight to wrap up its work in the special session, which means passing a budget bill along with the revenue measures that support that spending.
Number of the Day
$21 million - Annual cost of modestly expanding Louisiana’s Earned Income Tax Credit from 3.5 percent to 5 percent of the federal credit, which would benefit nearly 1 in 3 state income tax filers. (Source: Legislative Fiscal Office)May 29, 2018
The legislative logjam over revenues began to break on Memorial Day, when the House of Representatives advanced a pair of tax bills that would renew about $400 million in expiring revenue to help offset cuts in next year’s budget.