revenue estimating conference
December 15, 2017
Louisiana’s budget picture got a little brighter on Thursday, when a state forecasting panel recognized $387 million in new tax revenues for lawmakers to spend over the next 18 months.
Number of the Day
$2,027,000- Louisiana tax contributions from children of immigrants that would be lost if DACA expires before a DREAM Act is passed. (Source: Institute on Taxation and Economic Policy)December 14, 2017
Gov. John Bel Edwards has spent months talking to legislators and business groups around the state, trying to develop collaborative solutions to the $1.5 billion budget shortfall the state faces in 2018.
Number of the Day
$10.6 million - Amount of property tax revenue lost by Orleans Parish in 2017 due to the state’s Industrial Tax Exemption Program, which local governments now have authority to limit. (Source: Nola.com/The Times Picayune reporting on a Together Louisiana analysis)December 6, 2017
The health care received by 1.5 million Louisianans hangs in the balance as questions loom over whether Gov. John Bel Edwards has the unilateral authority to renew the state’s contracts with five managed-care insurance companies.
Number of the Day
9 - Days remaining in the open enrollment period for Americans who want to buy health coverage through the federal Health Insurance Marketplace. (Source: healthcare.gov)June 12, 2017
The Legislature begins another special session this week – the fourth in 18 months under Gov. John Bel Edwards. The only job for legislators is to pass a budget for the 2017-18 fiscal year – a task that eluded them during the 60-day regular session when negotiations between the House and Senate broke down in the final hours.… Read more...