sales tax renewal

June 25, 2018

LBP statement on Legislative tax and budget deal

Sales-tax renewal brings much-needed stability
BATON ROUGE – The Legislature’s agreement on a revenue deal is excellent news for college students and faculty members, prosecutors, and the nearly 900,000 low-income Louisiana residents who rely on the Supplemental Nutrition Assistance Program (SNAP) to make ends meet each month.… Read more...

June 25, 2018

Sine Die and a sigh of relief

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 22, 2018

The House stalls again

After a day of heated negotiations and long delays on Thursday, the House failed to pass any tax measures to replace expiring revenue and avoid the fiscal cliff.

Number of the Day

0.68 percent-  Louisiana’s population growth rate from 2007 to 2017. (Source: Pew Trust)
June 21, 2018

Showdown in the House

Two-plus years of debates, multiple studies and three special sessions now come down to this: The Louisiana House will take up three revenue-raising bills today, each one renewing a different fraction of the temporary “clean penny” of sales tax that expires on June 30.

Number of the Day

$11 million - Remaining cut to local sheriffs’ funding for housing state prisoners, in budget plan passed by House Appropriations on Wednesday. (Source: Nola.com/TimesPicayune)