Today the House Ways and Means committee begins pouring over some of the proposals included in the governor’s tax plan. The ideas would increase taxes on many businesses, but lead to lower income taxes for 90% of consumers. Baton Rouge Representative Ted James believes there will be support for the changes when people hear exactly what this means…:
Cut 10 (11) “very top”
On the other side of the issue, West Monroe Senator Mike Walsworth says lawmakers need to be cautious about the measures…:
Cut 11 (10) “to business”
They have until June 8th to work it out.
The state wants the public to know that there is NO charge to fill out the flood victims’ survey online at restore.la.gov. The governor’s office says since the questionnaire went live Monday, reports have been coming in that some people are fraudulently charging homeowners to help fill it out.
The U.S. Department of Housing and Urban Development has granted Louisiana access to start dispensing 1.6 billion dollars to flooded residents. Deputy Chief of Staff for the Governor, Julie Baxter Payer..::
Cut 14 (11) “appropriated”
Payer expects to have a contractor in place within the next week who will manage the Homeowner Assistance Program.
Another study by LSU economist Dr. Loren Scott finds the benefit to Louisiana’s budget isn’t there when it comes to state’s film tax credit program. He says the return on investment from movie incentives was just 22% in 2016…:
Cut 7 (07) “million bucks”
Lawmakers are slated to discuss film tax credits in the current session.