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With his latest budget proposal, Gov. Jeff Landry is restarting what appears likely to be an annual debate of whether and how to expand Louisiana’s education voucher program. Again, he’s hitting resistance.
Louisiana’s governor and lawmakers are getting a little something extra in their holiday stockings this year, courtesy of the state income forecasting panel.
The latest federal government shutdown drew attention to the large numbers of people in Louisiana, particularly children, who depend on the federal food stamp program for assistance.
In the November 2024 special session, the legislature enacted a variety of changes to the state tax system affecting the individual income tax, the sales tax, and corporate income and franchise taxes. Leaders for a Better Louisiana along with the Public Affairs Research Council of Louisiana, have commissioned an analysis of the implications of the […]
Economist provides information on impacts of enacted income and sales tax changes on Louisiana households RESET Louisiana hired noted economist Greg Albrecht in fall 2024 to estimate the impacts of proposed changes to state income and sales taxes from Gov. Jeff Landry’s administration as part of its tax reform initiative. Lawmakers in a November special […]
As Louisiana braces for what the National Oceanic and Atmospheric Administration predicts will be another season of “above normal” hurricane activity in the Atlantic, the 2025 season also marks the 20-year anniversary of Hurricane Katrina, one of the most destructive and expensive hurricanes to hit the state.
Louisiana lawmakers shut down their two-month regular session after finishing work on a budget that includes record levels of spending and takes sizable sums of money out of a state savings account for infrastructure projects.
An uptick in Louisiana’s income projections will give lawmakers more wiggle room to build their budget, as they continue to learn the implications of a sweeping tax rewrite they passed six months ago.
The Louisiana House backed a nearly $43 billion state operating budget that keeps many agencies at a largely standstill level of financing, continues the stipend that public school teachers have received for the last two years and adds money for a new voucher program backed by the governor.
The release of Gov. Jeff Landry’s budget proposal to lawmakers came with a cloud of uncertainty. A combination of unanswered questions about state and federal financing sources is driving unpredictability for piecing together the spending plans for the 2025-26 fiscal year that begins July 1.
Louisiana’s governor and lawmakers will get to sidestep debates over whether to make steep budget cuts next year thanks to the tax changes they adopted last month.
Louisiana lawmakers embraced much of the tax rewrite package sought by Gov. Jeff Landry in the just-ended special session, agreeing to lower and flatten income tax rates in exchange for new sales tax charges.
Louisiana has enjoyed repeated state surpluses for the last seven years, and the latest calculations estimate lawmakers will see that trend continue another year. A surplus occurs when a state’s revenue collections exceed its spending within a budget year.