LABI

Sue Lincoln

The Louisiana Association of Business and Industry convened a summit Thursday to start tackling one of the state’s less desirable statistics.


Sue Lincoln

“This is not the Katrina SBA.”

SBA Administrator Maria Contreras-Sweet was in south Louisiana Thursday, helping turn attention to assistance for businesses impacted by the flood.

Either, Or

Jun 15, 2016
Wikimedia Commons

The Senate Revenue and Fiscal Affairs committee took testimony Wednesday on a different idea from Republican Senator Rick Ward, making businesses choose which tax credits to give up.

"For that small group of businesses out there that receive the Industrial Tax Exemption along with the Inventory Tax Credit," explains Ward, "this bill [SB 10] seeks to really allow them to take one or the other.” 


Mark Carroll

While a regular legislative session is limited to 60 days, with the two special sessions added in, Louisiana’s legislature is starting its 78th day of nearly continuous lawmaking, and patience is wearing thin. Commissioner of Administration Jay Dardenne says this is not fun, but it is dysfunctional.


Sue Lincoln

When House Bill 61 went in front of the Senate Revenue and Fiscal Affairs Committee Tuesday morning, it proposed cleaning one of the four pennies of state sales tax from exemptions, generating $112 million in revenue next fiscal year. 


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