Connect with us

Louisiana

Louisiana lawmakers advance Gov. Landry's corporate tax cut bill

Published

on

Louisiana lawmakers advance Gov. Landry's corporate tax cut bill


BATON ROUGE-The House Ways and Means Committee took steps Sunday toward achieving the governor’s tax overhaul by advancing a bill to cut the corporate income tax rate, now one of the highest in the nation, in stages from 7.5% to 3.5%.

The full House voted 69-6 to send the plan to the House Appropriations Committee for further consideration.

Also on Sunday, the Ways and Means Committee voted to allow parishes to eliminate the business inventory tax.

If passed by the House and the Senate, any parish that elects to exempt business from the business inventory tax will receive anywhere from $500,000 to $15 million from the state. The inventory tax largely benefits the local parish government.

Advertisement

The inventory tax exemption bill passed 15-2 in committee with Democratic Rep. Mandie Landry and Rep. Matthew Willard, both of New Orleans in opposition.

Both bills are part of the three-week special session called by Republican Gov. Jeff Landry.

Landry’s wants to shift to a 3% flat tax on individual income and cut corporate income taxes. He would try to make up that revenue by reducing other tax breaks, extending part of the state sales tax and adding sales taxes to the cost of 40 services like car washing and pet grooming.

Lobbyists for various industries oppose the loss of their tax breaks, and other critics say the increasing reliance on sales taxes would hurt lower-income people.

But state Rep. Chance Henry, R-Crowley, said a comprehensive simplification of tax policy is the practical, common-sense thing to do.

Advertisement

“I think the definition of insanity in the state of Louisiana is what we have done to address the fiscal cliff and our tax code over the last at least 20 years,” Henry said.

The Ways and Means committee also has advanced proposals to double the standard deduction for seniors, provide pay raises for teachers and exempt the purchase of prescription drugs from local sales taxes.

Willard, the New Orleans Democrat, said he opposed the corporate income tax cut because it would allow the state’s economic development officials to decide which corporations get tax breaks or, as he said, “essentially be selecting the winners and losers.”

Secretary Susan Bourgeois of the Louisiana Economic Development agency, which will be making the decisions for tax credits given, referred to the “trust-us factor” in this special session.

“I’m not under any illusion when I sit here and say ‘trust me’, or any of y’all, trust us!”

Advertisement

Bourgeois said. “That’s really what we’re telling the market right now.”

Bourgeois compared the corporate income tax change to the corporate tax in North Carolina, which is the lowest in the country. “If we’re looking for a track record, let’s look at other states who do it like this,” she said.

Referring to luring new employers and business investment, Louisiana Secretary of Revenue Richard Nelson, who is overseeing the governor’s plan, said: “It’s hard to attract people when you have literally the highest rate in the South.”

Nelson and Gov. Landry have held private meetings with legislators and special interest groups in an effort to get the bills passed. The state is heading for a fiscal cliff next year, thanks to the expiration of both the 0.45% state sales tax and a 2% business utilities tax in June.

Much of the Landry strategy is to cut rates for individuals and corporations and to reduce or eliminate business tax exemption. He also wants to broaden sales tax collections.

Advertisement

One hot topic is the removal of the tax credit for historic structures. Lobbyists took turns defending to lawmakers that restoration of historic structures eliminates blight and oftentimes cannot happen without those credits. The planned renovation of the U.S. post office in Ruston, which is listed on the National Register of Historic Places, was cited as an example.

“There are things like this that are hard to put a number on,” said Rep. Landry, “because you’re not rehabilitating a house from the 1800s to make money off it. You’re doing it because you want to keep those structures, you know, maybe movies will be filmed. Maybe just to keep the structure of the neighborhood or of the city.”

Rep. Marcus Bryant, D-New Iberia, said he was concerned about the removal of the historic tax credit and the authority of economic development officials to divvy out credits. “Now, you’re the gatekeeper for who is getting the credit and who is getting an incentive,” he said.





Source link

Advertisement

Louisiana

Louisiana Lottery Powerball, Pick 3 results for March 2, 2026

Published

on


The Louisiana Lottery offers several draw games for those aiming to win big.

Here’s a look at March 2, 2026, results for each game:

Winning Powerball numbers from March 2 drawing

02-17-18-38-62, Powerball: 20, Power Play: 2

Check Powerball payouts and previous drawings here.

Advertisement

Winning Pick 3 numbers from March 2 drawing

3-9-9

Check Pick 3 payouts and previous drawings here.

Winning Pick 4 numbers from March 2 drawing

4-1-1-0

Check Pick 4 payouts and previous drawings here.

Winning Pick 5 numbers from March 2 drawing

0-5-2-9-5

Advertisement

Check Pick 5 payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your lottery prize

All Louisiana Lottery retailers will redeem prizes up to $600. For prizes over $600, winners can submit winning tickets through the mail or in person at Louisiana Lottery offices. Prizes of over $5,000 must be claimed at Lottery office.

By mail, follow these instructions:

  1. Sign and complete the information on the back of your winning ticket, ensuring all barcodes are clearly visible (remove all scratch-off material from scratch-off tickets).
  2. Photocopy the front and back of the ticket (except for Powerball and Mega Millions tickets, as photocopies are not accepted for these games).
  3. Complete the Louisiana Lottery Prize Claim Form, including your telephone number and mailing address for prize check processing.
  4. Photocopy your valid driver’s license or current picture identification.

Mail all of the above in a single envelope to:

Louisiana Lottery Headquarters

Advertisement

555 Laurel Street

Baton Rouge, LA 70801

To submit in person, visit Louisiana Lottery headquarters:

555 Laurel Street, Baton Rouge, LA 70801, (225) 297-2000.

Hours: 8 a.m. to 4:30 p.m., Monday through Friday. This office can cash prizes of any amount.

Advertisement

Check previous winning numbers and payouts at Louisiana Lottery.

When are the Louisiana Lottery drawings held?

  • Powerball: 9:59 p.m. CT Monday, Wednesday and Saturday.
  • Mega Millions: 10 p.m. CT Tuesday and Friday.
  • Pick 3, Pick 4 and Pick 5: Daily at 9:59 p.m. CT.
  • Easy 5: 9:59 p.m. CT Wednesday and Saturday.
  • Lotto: 9:59 p.m. CT Wednesday and Saturday.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Louisiana editor. You can send feedback using this form.



Source link

Continue Reading

Louisiana

National Guard deployment in New Orleans extended for six months

Published

on

National Guard deployment in New Orleans extended for six months


NEW ORLEANS — The Louisiana National Guard announced Monday that 120 troops will remain deployed in New Orleans through August.

The six-month extension comes after 350 Guard members deployed to New Orleans in late December, in the run-up to New Year’s and other high-profile events like the Sugar Bowl. The troops, which had mainly clustered in the city’s historic French Quarter, had been scheduled to depart in the aftermath of Mardi Gras.

New Orleans is one of several Democrat-run cities, such as Washington and Memphis, Tennessee, where the federal government deployed armed troops under the administration of President Donald Trump. Hundreds of federal agents also converged on Louisiana in December as part of a separate immigration crackdown in and around New Orleans.

During his State of the Union address last week, Trump touted the deployment in New Orleans as a “big success.” In January, Trump credited the troops with reducing the city’s violent crime within a week of their deployment. City police data shows violent crime rates have significantly declined over the past three years in parallel with national trends.

Advertisement

According to a press statement from the Louisiana National Guard, the remaining guard members will serve as a “visible presence to deter criminal activity in New Orleans.”

New Orleans Mayor Helena Moreno, a Democrat who initially opposed the deployment, said that the troops would benefit the city in the coming weeks. She pointed out that National Guard troops had assisted the city during last year’s Mardi Gras in the aftermath of a vehicle-ramming attack in the French Quarter that killed 14 people on New Year’s Day.

“I continue to support the partnership with the LA National Guard to assist in our major events and there are several coming up in the next few weeks,” Moreno said in a statement.

While Moreno did not address which events she referred to, visitors flock to New Orleans in the spring for events like the New Orleans Jazz and Heritage Festival.

Louisiana Gov. Jeff Landry, a Republican and staunch Trump ally, requested the deployment of the National Guard last September, citing rising violent crime rates in New Orleans despite the data showing crime was down.

Advertisement

“This continued deployment will help us combat violence in New Orleans and other parts of Louisiana,” Landry wrote on the social platform X on Monday, noting Louisiana had also sent National Guard troops to Washington, D.C., last year.

Kate Kelly, a spokesperson for Landry, said the federal government would cover the cost of the extended deployment. She did not respond to a question about whether Guard members would be deployed outside New Orleans.

Maj. Gen. Thomas Friloux, adjutant general of the Louisiana National Guard, said in a statement the troops had already worked closely with other city, state and federal agencies to improve public safety during a stretch of high-profile events in the city, including the flood of visitors over Mardi Gras and the city’s carnival season.

“We remain committed to those partnerships as we continue supporting efforts to keep the City of New Orleans safe for residents and visitors,” Friloux said.



Source link

Advertisement
Continue Reading

Louisiana

Jury selection begins Monday in one of Louisiana’s largest auto insurance fraud cases

Published

on

Jury selection begins Monday in one of Louisiana’s largest auto insurance fraud cases


NEW ORLEANS (WVUE) – Jury selection begins Monday in what prosecutors describe as one of the largest auto insurance fraud cases in Louisiana history, with two local attorneys set to stand trial on charges that include fraud and obstruction of justice.

Attorneys Vanessa Motta and Jason Giles are accused in an alleged scheme in which drivers — referred to as “slammers” — were paid to intentionally crash into 18-wheelers, file injury lawsuits and allow attorneys to collect the settlements. Both have pleaded not guilty.

63 people have been charged in the case. Many have already pleaded guilty. Motta and Giles are being tried together.

Criminal defense attorney Craig Mordock, who is not directly involved in the case but has been following it closely, said the scope of the litigation is significant.

Advertisement

“You have 10 years of personal injury cases and almost… almost a billion dollars in recovery. That’s all at issue,” Mordock said. “So yeah, this could go two to three weeks.”

Motta’s defense team has advanced a narrative that she was manipulated by a co-defendant.

“There is a compelling narrative that’s been advanced by Vanessa Motta’s lawyer in terms of her being manipulated by one of the co-defendants… about being manipulated by him and him having a prior federal conviction for fraud,” Mordock said.

Motta’s team originally claimed she did not know the crashes were staged. In 2024, her team told FOX 8 she is the victim.

Mordock said Giles faces a more difficult defense.

Advertisement

“I don’t see a favorable juror for one of the other lawyer defendants, Jason Giles. There’s not a clear theory of innocence. This is basically a standard white-collar prosecution where knowledge and intent are going to be the issue,” Mordock said.

The case carries what Mordock described as a shadow. In September 2020, key witness Cornelious Garrison was killed in New Orleans four days after his name appeared in an indictment. Garrison’s admitted killer, Ryan Harris, is expected to testify.

The judge in the case is also allowing the slain witness’s recorded descriptions of the alleged scheme to be admitted at trial.

Mordock said Louisiana drivers have a direct stake in the outcome.

“As your average Louisianan, the idea would be you would save… because the people committing this fraud have been wrapped up. The insurance companies are going to know how to look for this,” Mordock said.

Advertisement

See a spelling or grammar error in our story? Click Here to report it. Please include the headline.

Subscribe to the Fox 8 YouTube channel.



Source link

Advertisement
Continue Reading
Advertisement

Trending