The Governor has put out the call for a special session to start May 22nd. Michael Farrar has the story.
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Louisiana’s deadline for filing your state taxes is today. Those who do not file in time will be subject to a 5% of tax due penalty for each 30 days of delinquencies. Department of Revenue spokesperson Byron Henderson says
Being granted an extension does not give you more time to pay the taxes without late fees.
A bill that would renew the state’s contract with Harrah’s New Orleans Casino passed a Senate Committee on a 4-3 vote. The legislation, which was heavily amended, is a 20 year contract with a ten year renewal option. Caesar’s Entertainment, who owns Harrah’s, sent their regional president Dan Real to argue for the contract renewal.
Harrah’s has six years remaining on their current contract, a point that has many opponents arguing that the renegotiation should be postponed.
The deal has received intense scrutiny from leading figures such as US Senator John Kennedy who called it a “bad deal”. Financial Consultant Randy Waeshce says after reviewing fiscal reports and industry analysis, its apparent that Harrah’s is underperforming.