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Tax reform, other bills advance in first week of special session | Louisiana

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www.thecentersquare.com – By Nolan McKendry | The Center Square – 2024-11-11 08:40:00

SUMMARY: During Louisiana’s special legislative session, lawmakers advanced significant bills to reform the state’s tax code and juvenile prosecution laws, introducing a total of 31 bills. Governor Jeff Landry emphasized the importance of adopting his entire tax reform package, which includes a proposed flat 3% income tax rate and has seen support from both the House Ways and Means and Appropriations Committees. However, some legislators, including Rep. Mandie Landry, raised concerns about proposed expansions of taxed goods and services. Additionally, House Bill 7 seeks to amend the state constitution regarding tax exemptions while addressing teacher pay raises.

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News from the South - Louisiana News Feed

Survive and Advance (Part 2)

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www.youtube.com – KTVE – 2024-11-22 22:46:05

SUMMARY: On this week’s Football Friday Night, General North Iberville hosted General TR, suffering a lengthy delay due to a player injury. General TR dominated the game, winning 38-6 with Ammani Williams scoring a touchdown. In other notable scores, Hainesville beat Montgomery 61-0 and the Mango Dragons triumphed over West St. John 44-6. In Division Three, Newman defeated Darbon Woods 49-19. The OCS Eagles won 28-6 against Catholic PC in Division Four. Meanwhile, St. Fred faced Southern Lab, with St. Fred’s season ending in a 24-7 loss. Next week, the playoffs continue with more exciting matchups.

Round Two of LHSAA Playoffs live up to hype

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Warmer this weekend, then cooler next week

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www.youtube.com – WDSU News – 2024-11-22 18:26:52

SUMMARY: The weather in Southeast Louisiana is currently sunny with warm temperatures, thanks to high pressure bringing dry air from the northwest. Overnight temperatures will drop into the 30s and 40s, with highs tomorrow reaching the mid-60s, warming to 80°F by Monday. A cold front will bring cooler temperatures after Monday, with highs in the 70s through Thursday. Thanksgiving Day may see a 40% chance of rain due to another cold front. Tropical activity is quiet, with no expected storms. Overall, the forecast includes mostly sunny to partly cloudy days with slim rain chances.

Warmer this weekend, then cooler next week

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Lawmakers wrap special session, send tax reform bills to Landy’s desk | Louisiana

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www.thecentersquare.com – By Nolan McKendry | The Center Square – 2024-11-22 15:21:00

SUMMARY: The Louisiana Legislature has approved a significant tax package that revamps the state’s tax system, introducing major income tax cuts alongside higher sales taxes and the elimination of numerous tax breaks to balance the budget. Key changes include reducing income tax by $1.3 billion per year and raising sales tax from 4.45% to 5%, effective January 2025. The corporate tax rate will also drop from 7.5% to 5.5%. While Democrats raised concerns about shifting tax burdens, proponents argue these reforms will enhance Louisiana’s economic appeal. The package now awaits Governor Landry’s approval, with promises to ensure funding for key infrastructure projects.

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