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The administration has announced that it intends to call the legislature into a special session in early November 2024 to consider a multi-faceted package of changes to the state tax system. In preparation for that session, RESET Louisiana, a collaboration of the Council for A Better Louisiana, the Public Affairs Research Council of Louisiana, and […]
In response to Gov. Jeff Landry’s plan to call lawmakers into a special session to debate tax reform, RESET Louisiana has hired well-known economist and fiscal expert Greg Albrecht to conduct an independent analysis of the proposals and determine how they would impact taxpayers.
The Public Affairs Research Council of Louisiana believes comprehensive, responsible tax reform is long overdue. The state’s tax system is cluttered with too many exemptions, deductions and credits. It contains outdated, uncompetitive taxes that are out of step with the rest of the country.
Nearly one in five people in Louisiana, about 867,000 low-income residents on average each month, received financial food aid across the last year through the Supplemental Nutrition Assistance Program, or SNAP, according to the latest data available from the Louisiana Department of Children and Family Services.
A year after lawmakers passed the state budget in a frenzied final few minutes before theirdeadline, the Louisiana Legislature adopted a $49 billion compromise package of spending plansthis year with time to spare and no last-minute chaos in their three-month regular session.
A boost to Louisiana’s state income projections will give lawmakers more money to spend over the next 14 months, even as the post-pandemic financial surge continues to taper off and a fiscal downturn edges ever closer.
The state budget crafted by the Louisiana House steers new money to public school programs at the expense of early childhood education, while maintaining the governor’s push to grow spending on state prisons and police.
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