Page 16 - Neil Riser News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Edwards signaled the announcement on his monthly radio show Wednesday on WRKF. State Rep. Neil Riser, a Republican from Columbia, said the biodiesel plant "is a huge, dynamic project that we've been working on for two years." He gave credit to Edwards for signing off on the project by directing millions in federal money toward the deal. "This is a project on a scale that we've never had in Caldwell Parish and may never have again," said Riser, who said the total investment will be about $1 billion with an initial $200 million investment. "It wouldn't have happened without the governor's supp...

Originally published on April 15, 2021 1:12 pm TAX REFORM RESISTANCE?  — Republican state legislators are attempting to rewrite Louisiana’s complex corporate tax laws. Yesterday two measures, House Bills 292 and 293, both sponsored by state Rep. Neil Riser, R-Columbia, would assess corporations a flat 6% income tax rate while no longer permitting them to deduct their federal tax payments  on their state income tax returns. Riser told the Louisiana House Ways and Means committee that his bills  would help simplify Louisiana’s taxes which presently deter companies from doing business...

tax bills got out of committee with relative ease, day three of the Louisiana Legislature’s fiscal session demonstrated how complicated and politically difficult lawmakers’ promised tax overhaul may get. Lawmakers have said they want to eliminate or reduce the cost of the state’s many tax breaks while lowering tax rates. They said they want to create a less complex system that is easier for taxpayers to navigate, doesn’t “pick winners and losers” and collects about the same amount of money as the current structure. As Wednesday’s meeting of the House's tax w...

Effort underway to lower income taxes in Louisiana -- but at a cost; here's the proposal Tyler Bridges A complicated tax swap that would eliminate a popular deduction in exchange for lowering income tax rates passed its first step when it won approval from a Louisiana Senate committee Tuesday. But it still has a long road to travel before it can become law, which would ultimately require a vote by the people. Senate Bill 159, approved by the Senate Revenue & Fiscal Affairs Committee, is part of a package of bills sought by the legislative leadership that would no longer allow individuals a...

by David Jacobs, The Center Square  | April 15, 2021 11:00 AM Print this article A day after two major tax bills got out of committee with relative ease, day three of the Louisiana Legislature’s fiscal session demonstrated how complicated and politically difficult lawmakers’ promised tax overhaul may get. Lawmakers have said they want to eliminate or reduce the cost of the state’s many tax breaks while lowering tax rates. They said they want to create a less complex system that is easier for taxpayers to navigate, doesn’t “pick winners and losers�...