As painful as it might be for some, filing your state income taxes could soon be done with a sense of purpose – that is, if the Legislature agrees to include a special check-off box for coastal restoration donations. You already have the option, when filling out your individual income tax form, to donate all or a portion of your return to military families, scholarship funds, animal-related programs, cancer trusts, housing initiatives and community-based health care funds.
But Senate Bill 697 would create another check-off box for contributions to the Coastal Protection and Restoration Fund, which is used to bankroll a variety of projects, ranging from freshwater diversions to barrier island maintenance. While it’s difficult to estimate how much support taxpayers might put into the fund, it would be required by law to bring in at least $10,000 annually over a two-year period to remain on tax forms. Otherwise, it would be taken off.
As for costs to the Louisiana Department of Revenue, it’s allowed by the legislation to take as much as 20 percent of all donations to put toward data processing, accounting and other functions. If eventually ratified by the governor, the law would take effect on Jan. 1, 2009 – just in time for next year’s tax season.
Frank’s Casing Crew, now doing business as Frank’s International, will make its final appearance on ABiz’s list of the Top 50 Privately Held Companies in Acadiana this year, and once again, it will likely be at the top with more than $1 billion in annual revenues. The 75-year-old company specializing in tubular fabrication and installation services to the oil and gas industry plans to go public this year.
The defeat, or rather highjacking of House Bill 420 in the final days of this year's Legislative Session, say Reps. Vincent Pierre and Terry Landry, is the result of the propaganda spread by one unidentified local media outlet and an unnamed former state Representative, but nothing to do with the original legislation's lack of checks, balances or details.
He’s a singer. A songwriter. A piano man. A family man. He’s even got his own Wikipedia entry. He’s David Egan. And he knows ancient secrets about the monolithic stones of Stonehenge that he’s not willing to share.