The House Ways and Means Committee approves a bill that slashes the corporate income tax from 7.5 to 3.5 percent, but it means some popular tax breaks would go away. Jeff Palermo has the story…
Cut 1 (35) “…I’m Jeff Palermo.”
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If you think you have money that should be coming to you, it’s just as well to double check. Andrew Greenstein explains.
Cut 2 (35) “…I’m Andrew Greenstein.”
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Components of Governor Jeff Landry’s massive tax reform plan continue to receive favorable approval from the House Ways and Means Committee. The panel has approved legislation to lower the corporate income tax businesses have to pay from 7.5 percent to 3.5 percent. Economic Development Secretary Susan Bourgeois (BOORZ-wah) says this will help bring more jobs to the state…
Cut 3 (11) “…to owners.”
To make up for the loss revenue, the legislation calls for the elimination of the film tax credit program and a tax credit for digital media and software companies. Chris Reade, who owns software development companies in New Orleans, urged the panel not to get rid of the digital media and software tax credit, because it’s a job creator…
Cut 4 (08) “…sector.”
The legislation also eliminates tax credits for those involved in the renovation of historic buildings. Revenue Secretary Richard Nelson argued these tax credits are not bring more jobs to the state….
Cut 5 (10) “…not working.” (2x)
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If you think you should have money coming to you, look into it. The state treasury’s Unclaimed Property Program has just added a lot of money in uncashed state income tax refunds.
Cut 6 (15) “…29,441 separate checks.” ($8.7 million)
State Treasurer John Fleming says if some of that money is yours, claiming it is easy.
Cut 7 (13) “…owed to them.”
Fleming says his office has a lot of unclaimed money, and that money belongs to their rightful owners and not the state.
Cut 8 (15) “…think there’s anything.”
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DOTD will begin transitioning I-20 westbound traffic in Bossier City into Phase 3 of its major rehabilitation project. Starting tonight, I-20 westbound from I-220 to the Airline Drive interchange will close nightly from 8:00 p.m. to 6:00 a.m. for five nights. This closure allows contractors to move concrete barriers to prepare for a lane shift. DOTD Spokesperson Erin Buchanan says it’s a milestone for the project…
Cut 9 (09) “…able to do that.”
On Saturday, traffic will shift to new travel lanes from I-220 to Airline Drive, with the remainder of the shift extending toward Hamilton Road in the following weeks. Buchanan says the transition will take time.
Cut 10 (08) “…the right place.”
Buchanan advises drivers to exercise caution in construction zones, stay alert for work crews, and allow adequate following distance. During nightly closures, westbound traffic will detour to I-220 and Airline Drive ramps will remain open.
Cut 11 (10) “…kind of shift.”
. For ongoing updates, visit the I-20 project webpage.
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Darren Rizzi was a winner in his first game as a head coach in the NFL. Rizzi helped lead New Orleans to a 20-17 win over the Atlanta Falcons to end a seven-game losing streak. Rizzi received a game ball during the postgame locker room celebration, but he says everyone in the organization deserves a game ball…
Cut 12 (11) “…heard a complaint.”
Saints Quarterback Derek Carr threw two touchdown passes in the win. The veteran Q-B says Rizzi gave a simple message to the team and that is just go out there and play, even if something bad happens…
Cut 13 (07) “…everybody.”
Saints running back Alvin Kamara became the team’s all-time leading rusher, surpassing Mark Ingram. Kamara says it’s a huge honor…
Cut 14 (14) “…in New Orleans.”