Connect with us

Louisiana

Louisiana’s legislative leaders say they have a tax deal; final votes expected Friday • Louisiana Illuminator

Published

on

Louisiana’s legislative leaders say they have a tax deal; final votes expected Friday • Louisiana Illuminator


State lawmakers have agreed to a pared-down version of Gov. Jeff Landry’s tax overhaul package but one that would still affect most people and businesses in Louisiana. The deal, hashed out in back-room negotiations Thursday, is expected to receive full approval Friday. 

“A lot can change overnight, but as of right now, we’re comfortable with the number of votes we have…in the Senate,” said Senate President Cameron Henry, R-Metairie. 

“I believe we have the votes [in the Louisiana House],” Speaker Pro Tempore Mike Johnson, R-Pineville said. 

The revised package calls for pushing the current sales tax rate of 4.45% to 5% for five years, starting July 1, 2025, when the state’s next fiscal year starts. It would drop to 4.75% in 2030 but still remain higher than the current 4.45% rate. 

Advertisement

GET THE MORNING HEADLINES.

Advertisement

In exchange for these higher, permanent sales taxes, most Louisiana residents would receive an income tax cut. The state would move from a three-tiered income tax system with a high rate of 4.25% to a flat rate of 3% accompanied by a significantly higher standard deduction threshold.

On the business side, the corporate franchise tax will be eliminated altogether, and the corporate income tax would move to a flat rate of 5.5% — right between the current lowest rate of 3.5% and highest rate of 7.5%.

The Legislature has also agreed to dissolve some government funds dedicated to special purposes and end some business and industry tax breaks to shore up state revenue. This includes ending the state’s many incentive programs such as the Quality Jobs and Enterprise Zone tax credits, among others..

A portion of the state inventory tax credit, which helps businesses cover their local parish tax bills, will be phased out for some employers in 2026. Money from the vehicle sales tax that was going to large transportation projects – such as the new Baton Rouge Interstate 10 bypass bridge and Interstate 49 expansions – will now be diverted for general government expenses.

In an interview Thursday night, Henry said he did not expect the current deal to leave Louisiana with a significant budget shortfall as some had feared. Still, lawmakers held off on taking votes on the tax package until Friday because they are waiting for the final revenue estimates to be finished by staff.

“Staff needs the time … . And we want time to read and digest the bills before we vote,” House Republican Caucus Chairman Mark Wright, R-Covington, said. 

Landry was also throwing a political fundraiser Thursday night in Baton Rouge, and any tax votes taken before Friday would likely have coincided with the event. 

Louisiana plastics plants among top wastewater polluters, thanks to lax regulations: report

Advertisement

Legislative leaders are also combining the bill that cuts income taxes with the legislation to increase sales taxes in order to pin down conservative Republican votes. Once the proposals merge, lawmakers will no longer be able to vote for the tax break without the corresponding tax hike. 

“It’s to lock people in. You can’t vote for the tax cuts without voting for the revenue, too,” said Sen. Gerald Boudreaux of Lafayette, chairman of his chamber’s Democratic Caucus. 

Republicans have supermajorities in the Senate and House, but Democrats will be needed to reach the 70 votes required to pass the sales tax hike legislation. Certain conservative Republicans have refused to vote for any bill that included a tax hike, which means bipartisan support becomes even more important to get the package across the finish line. 

Much of the negotiations over the past two days has taken place between Landry and Senate Democrats, who had reservations about raising Louisiana’s sales tax rate to pay for an income tax reduction. 

Louisiana already has the highest average sales tax rate in the nation when local parish rates are included. High sales taxes are more of a burden for poor people, who end up spending more of their paycheck to cover their cost.

Boudreaux said Democrats were given some concessions for agreeing to support Landry’s tax package. They were assured certain health care services wouldn’t be cut, and funding for early childhood education and juvenile vocation programs would be prioritized, he said.

Advertisement
State Sen. Gerald Boudreaux, pictured May 26, 2022. (Greg LaRose/Louisiana Illuminator)

The state funding formula for higher education might also be reworked to direct more support to Louisiana historically Black colleges and universities, according to Boudreaux.

The votes appear to be on tight margins, however. 


Wright, as the head of the House Republican Caucus, expressed concern that the Legislature would start “losing people” who would vote for the tax bills the longer they waited to vote on Friday. Some lawmakers have made it clear they don’t intend to push their holiday travel to support the tax overhaul. 

The special session must end by 6 p.m. Monday.

“It’ll be interesting because I heard they may have more Republicans missing as the day goes on, especially around five o’clock,” said House Democratic Caucus Chairman Matthew Willard of New Orleans, who has opposed Landry’s proposal.

YOU MAKE OUR WORK POSSIBLE.

Advertisement



Source link

Advertisement

Louisiana

Louisiana considers opening recreational alligator hunting season

Published

on

Louisiana considers opening recreational alligator hunting season


play

  • Louisiana lawmakers are considering a bill to create a recreational alligator hunting season.
  • The proposed season would be open to 5,000 lottery-selected hunters annually, with a two-gator limit.
  • Louisiana’s wild alligator population has grown to over 2 million, a significant conservation success.
  • Recreational hunters would be limited to using a hook and line from land.

Louisiana may expand its wild alligator harvesting opportunities to recreational hunters if the Legislature passes a bill that secured unanimous approval in a committee hearing March 11.

Franklin state Sen. Robert Allain’s Senate Bill 244 would authorize the Louisiana Wildlife Commission to create a recreational season that would be open to 5,000 hunters annually, each with a two-gator limit.

Advertisement

The state already has a commercial hunting season for alligators, which is chronicled in the popular “Swamp People” TV reality series.

“We think the time is right,” Louisiana Department of Wildlife and Fisheries Secretary Tyler Bosworth testified during the Senate Natural Resources Committee hearing. “We want to provide a recreational opportunity for the common folk of Louisiana.”

Louisiana’s alligator population has exploded in the past 50 years from fewer than 100,000 to more than 3 million today. Of those, about 2 million are wild with another 1 million farmed.

That’s at least twice the population in Florida, the state with the second most number of alligators.

Advertisement

And their Louisiana numbers have grown throughout the state where they can be commonly spotted from Lake Martin in Breaux Bridge to Caddo and Cross lakes in Shreveport to Caldwell Parish in northeastern Louisiana.

“This is a conservation success story on the highest level,” LDWF general counsel Garrett Cole said during the hearing. “This would create a true recreational opportunity outside our commercial season.”

Garrett said hunters would compete for hunting tags through a lottery will statewide opportunities. Recreational hunters would be limited to hook and line harvesting from land. No gators could be taken by boat as commercial hunters are allowed to do.

If approved, the first season could take place beginning Oct. 1.

Advertisement

Greg Hilburn covers state politics for the USA TODAY Network of Louisiana. Follow him on Twitter @GregHilburn1.



Source link

Continue Reading

Louisiana

How a sinkhole caused a whirlpool and formed Louisiana’s deepest lake

Published

on

How a sinkhole caused a whirlpool and formed Louisiana’s deepest lake


play

While Louisiana’s largest lake, the Toledo Bend Reservoir, spans 1,200 miles of shoreline, the state’s deepest lake only spans 1,125 acres.

Lake Peigneur is the deepest lake in Louisiana, with a depth measuring approximately 200 feet.

Advertisement

Lake Peigneur is a brackish lake, meaning it contains saltwater but has less salinity than seawater, located in New Iberia Parish in South Louisiana.

How did Lake Peigneur become the deepest lake in Louisiana?

Lake Peigneur was not always considered the deepest lake in Louisiana, as it was only a 10-foot-deep freshwater lake 40 years ago.

On Nov. 20, 1980, an oil rig crew was attempting to free a 14-inch drill bit when they heard popping noises and the rig began to tilt. Shortly after the crew abandoned the rig and headed for shore, the crew watched the 150-foot oil rig disappear into the 10-foot-deep lake.

Soon, a whirlpool formed in place of the oil rig. The whirlpool grew rapidly until it was able to suck up nearby boats, barges, trees, a house and half an island.

At the same location of the oil drilling site, there was also a salt mine, and when the whirlpool formed after the oil rig collapsed, the mine began to fill with water. As the whirlpool grew, water was able to enter the mine at such a force that it caused a geyser to spew out of the mine’s opening for hours until the lake was drained.

Advertisement

After the lake was emptied, the Delcambre Canal began to flow backward, marking the only time in history that the Gulf of Mexico flowed into the continental U.S. This backflow continued until the entire mine and lake were filled with water, except now the lake was filled with saltwater, according to an article published on Louisiana Tech Digital Commons.

Can you swim in Lake Peigneur?

Before the oil rig and salt mine accident, Lake Peigneur was a popular spot for fishing and recreational activities. However, since the lake is almost entirely surrounded by private property, visitors will have to enter the nearby Rip Van Winkle Gardens in order to get a closer look, according to Atlas Obscura.

While there are no reports indicating the lake is unsafe, the lake is not exactly developed for public access. However, there are things to do around Lake Peigneur, like visiting Rip Van Winkle Gardens on Jefferson Island, or visiting Avery Island to tour the Tabasco Factory.

Advertisement

Presley Bo Tyler is a reporter for the Louisiana Deep South Connect Team for USA Today. Find her on X @PresleyTyler02 and email at PTyler@Gannett.com



Source link

Continue Reading

Louisiana

Officials confirm Pensacola Beach residue is algae, not oil from Louisiana spill

Published

on

Officials confirm Pensacola Beach residue is algae, not oil from Louisiana spill


PENSACOLA BEACH, Fla. — A local fisherman raised concerns about the substance now coating Opal Beach, citing a recent oil spill off the coast of Louisiana.

WEAR News went to officials with the Gulf Islands National Seashore and Escambia County to find out the cause.

They say it’s not related to an oil spill, but is in fact algae.

The Marine Resources Division says they can understand beachgoers’ concerns, and hope to raise awareness.

Advertisement

“You don’t even want to get near it because it’s so gooey and sticky,” local fisherman Larry Grossman said. “It was accumulating on my beach cart wheels yesterday, and it felt like an oil product.”

Grossman messaged WEAR News on Monday after noticing something brown and oozy in the sand. He says it started showing up by Fort Pickens and stretched down to Opal Beach.

Grossman said a park service employee told him it could be oil from a recent spill in Louisiana. So he took a message to social media, sparking some reactions and raising questions.

“it certainly didn’t seem like an algae bloom because I was in the water, I caught a fish and I put some water in the cooler to keep my fish cool and it almost looked like oil in it,” Grossman said. “I know some people think it’s an algae bloom, but it certainly smelled and felt and looked like oil.”

A Gulf Islands National Seashore spokesperson confirmed to WEAR News on Tuesday that the substance is algae.

Advertisement

WEAR News crews were at the beach as officials with the Escambia County Marines Resources Division came out take samples.

“What I found here washed up on the beach is some algae — filamentous algae, single celled algae — that washed ashore in some onshore winds,” said Robert Turpin, Escambia County Marines Resources Division manager. “This is the spring season, so with additional sunlight, our plants, they grow in warmer waters, with plenty of sunlight.”

Turpin says this algae is not harmful.

He also addressed the concerns that this could be oil, saying he’s familiar with what oil spills look like.

He says he appreciates when people like Grossman raise the concerns.

Advertisement

“The last thing in the world we want is something to gain traction on social media that is faults in nature that could harm our tourism,” Turpin said. “Our tourism is very important to our economy, and we want to give the right information out to the public so we all enjoy the beaches and enjoy them safely.”

Turpin says if you see something or suspect something may be harmful on the beach, avoid it and contact Escambia County Marine Resources.



Source link

Continue Reading

Trending