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One of the most dangerous parts of a hurricane is the storm surge. Sea levels rise and can cause major destruction. One Louisiana treasure protecting communities from storm surge is the swamps. The wetlands, though are dying and now the race is on to preserve cypress marsh before the next big storm hits.
Central pieces of tax swap plan stalled in Louisiana House MELINDA DESLATTE, Associated Press FacebookTwitterEmail FILE - In this April 12, 2021 file photo, Sen. Katrina Jackson, D-Monroe, talks with Stuart Bishop, R-Lafayette, chairman of the House Ways and Means Committee, during opening day of the Louisiana legislative session in Baton Rouge, La. Republican House leaders planned to try again Thursday, May 20 to pass a complicated income tax swap that is the centerpiece of a bid to overhaul Louisiana’s tax structure, hoping to salvage the effort as time runs short in the legislative sess...
Louisiana lawmakers nix gas tax hike but advance plan to extend sales tax Mark Ballard BATON ROUGE -- Saying something must be done to find the money to fix the state's crumbling highways and dangerous bridges, the Louisiana House's tax-writing committee rejected the latest effort to increase the tax on gasoline but advanced a bill that would extend the temporary sales tax increase. On an 8-8 vote late Tuesday night, the House Ways & Means Committee sidelined House Bill 615. The measure started out proposing lowering one dedicated tax and raising another with the effect of increasing the ta...
how rather than the how much. If enacted separately, each of the proposed major changes would raise that overall score to 40th, getting Louisiana (barely) out of the bottom 10. If all the proposed changes were implemented, Louisiana would improve to 34th. The proposed changes are: Lowering individual income tax rates; Establishing a flat corporate income tax of 6 percent; Repealing the corporation franchise tax; Eliminating inventory from the property tax base; and Centralizing sales tax collections Louisiana lawmakers will be considering a range of tax reform bills, but the primary effort h...
BATON ROUGE, La. â The Louisiana House endorsed a pair of bills Monday that would cut tax rates for some corporations while eliminating a major corporate tax break for paying federal income taxes. The tax swap is part of a broader effort to simplify and streamline the stateâs tax structure and would decouple state tax policy from the federal governmentâs, though some lawmakers said they were concerned about raising taxes on smaller companies. House Bill 292 by Rep. Neil Riser, R-Columbia, calls for repealing the corporate tax break for federal income taxes paid. The deduction i...