Stelly Plan Archives - Louisiana Budget Project

February 7, 2018

Special session comes into focus

It’s looking increasingly likely that Gov. John Bel Edwards will call legislators into a special session starting Feb. 19 in an effort to fill the $1 billion revenue hole caused by expiring taxes.

Number of the Day

385,000 - Number of Louisianans who receive critical primary care from community health centers. (Source: The Advocate)

January 10, 2018

Fiscal reform cannot wait

Although the state’s revenue picture is expected to brighten by up to $300 million once federal tax changes take effect, the extra revenue won’t be nearly enough to plug the $1.5 billion shortfall in next year’s state budget that is mostly due to temporary taxes expiring on July 1.

Number of the Day

323,000 - Square feet of office space that Louisiana is renting from New Orleans Saints owner Tom Benson at above-market rates, costing the state nearly $2 million a year. (Source: Gannett Louisiana)

November 30, 2017

Looking to the past for solutions

In 2002 Republicans and Democrats in Louisiana came together and hashed out a compromise - known as the “Stelly Plan” - to stabilize the state’s fiscal situation. It remains to be seen whether that will happen again in 2018.

Number of the Day

50 - The number of estates in Louisiana that are worth enough to benefit from the estate tax cut included in the Senate tax plan. (Source: Center on Budget and Policy Priorities)