The state Senate voted to increase the cigarette tax by 72 cents which would bring it up to $1.08 and match the Southern regional average. Lawmakers are trying to raise revenue to plug the budget hole and prevent massive cuts to higher ed and health care. New Orleans Senator JP Morrell authored the amendment to raise the tax higher than the House approved 32 cent cigarette tax increase…:

cut 13 (09) “appropriate”

It’s not likely the lower chamber will go along with what the Senate approved.

With a few days left in the legislative session, it looks like Louisiana businesses are the big losers. Political analyst Bernie Pinsonat says business lobbyist groups are not happy the legislature is pushing to reduce hundreds of millions of dollars in tax credits and rebates many companies enjoy…

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Legislators are trying to close a one-point-six billion dollar shortfall.

The Louisiana House could vote on a resolution to hold a veto override session. Governor Jindal said he’ll veto revenue generating bills, if the legislature doesn’t pass a tax offset, so he can keep his “no tax” pledge. Alexandria Representative Lance Harris, chairs the House Republican Legislative Delegation, and he says there’s a desire in the House for an override session, if it gets to that point…

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Lawmakers have until 6 PM on Thursday to finish their legislative work and that includes approving a balanced budget for the fiscal year that starts July 1st.