Overhauling Louisiana’s Tax Structure
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’s State Surpluses
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.
Savings Account Shuffle
The governor’s ambitious tax reform package includes a merger of two Louisiana trust funds that help promote financial stability for the state, a change that lawmakers should weigh carefully. The proposal that lawmakers will consider in the upcoming special session on taxes involves the Budget Stabilization Fund (commonly known as the state’s “rainy day” fund) […]
PAR Guide to the 2024 Constitutional Amendments
PAR Statement on a Proposed Constitutional Convention
The Public Affairs Research Council of Louisiana believes the state needs constitutional reform after years of cluttering Louisiana’s primary governing document with hundreds of amendments and provisions best left to statute.
PAR Guide to the 2023 Constitutional Amendments
RESET: Constitution
Louisiana should simplify the state constitution to increase fiscal flexibility,allow improvements to tax and spending policies and modernize state and localrelations.
