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Bill proposes tax on marijuana to help fix Louisiana's roads - Vimarsana News

Bill proposes tax on marijuana to help fix Louisiana's roads

Bill proposes tax on marijuana to help fix Louisiana’s roads Bill proposes tax on marijuana to help fix Louisiana's roads By Chris Rosato | April 15, 2021 at 5:34 PM CDT - Updated April 15 at 6:48 PM BATON ROUGE, La. (WAFB) - Members of the House Ways and Means Committee heard a bill that’s looking to tax marijuana but not recreational marijuana. Instead, this is aimed at taxing medical marijuana. The bill debated this morning is actually a companion of another bill by the same lawmaker that’s looking to expand medical marijuana in all its forms. As opposed to keeping it w...

Source: wafb.com
Senate committee OKs film incentive extension - Vimarsana News

Senate committee OKs film incentive extension

Senate committee OKs film incentive extension A Louisiana Senate committee advanced without objection Thursday a proposal to extend the life of the state’s film subsidy program, which may be a tough sell for lawmakers looking to trim or eliminate tax incentives. The motion picture program provides state-certified film and TV productions with up to a 40% tax credit on eligible in-state expenditures. The program can issue up to $150 million in credits per fiscal year, and recipients can claim up to $180 million per fiscal year. Senate Bill 173 by Sen. Sharon Hewitt, R-Slidell, calls for ex...

La. Legislature's tax overhaul hits early session speed bump - Vimarsana News

La. Legislature's tax overhaul hits early session speed bump

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...

Source: ktbs.com
Louisiana Legislature's tax overhaul hits early session speed bump - Vimarsana News

Louisiana Legislature's tax overhaul hits early session speed bump

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 losersâ...

Louisiana tax rewrite again drawing business resistance - Vimarsana News

Louisiana tax rewrite again drawing business resistance

Channel3000.com April 14, 2021 3:16 PM By MELINDA DESLATTE Associated Press Posted: Updated: Gerald Herbert 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., Monday, April 12, 2021. BATON ROUGE, La. (AP) — Republican state lawmakers trying to muscle through a wide-ranging rewrite of Louisiana’s tax laws Wednesday ran into the same problem that has bedeviled previous legislative efforts, opposition from special interest groups trying to...