The Greater Lafayette Chamber of Commerce has joined forces with 14 other business organizations from around the state to support the elimination and accelerated phase-outs of several business taxes. The Legislature will being debating the bills Sunday in Gov. Bobby Jindal’s second special session.
The coalition believes the elimination of these taxes would remove a major obstacle in economic development efforts and improve the competitiveness of all Louisiana businesses. “The removal of these unorthodox taxes would at least level Louisiana’s playing field when compared to the rest of the country,” says Mike Odom, the group’s spokesperson. “Businesses of all sizes would now be given the opportunity to make positive investments in their future.”
--Eliminating the 1 percent state sales tax on business utilities that brings in about $68 million a year, starting July 1.
-- Accelerating the removal of the corporate franchise tax on debt, an elimination started under Blanco's administration. The tax was scheduled to be gone by July 1, 2011. Jindal is proposing eliminating it one year early, by July 1, 2010.
--Speeding up the removal of the state sales tax on manufacturing machinery and equipment, another elimination started by Blanco's administration. The tax was scheduled to expire by July 1, 2010, but Jindal wants it of the books one year earlier.
The coalition is also made up of the Ascension Chamber of Commerce, Baton Rouge Area Chamber, Feliciana Chamber of Commerce, Greater Shreveport Chamber of Commerce, Iberville Chamber of Commerce, Jefferson Chamber of Commerce, Louisiana Industrial Development Executive Association, Monroe Chamber of Commerce, Natchitoches Area Chamber of Commerce, River Region Chamber of Commerce, Ruston-Lincoln Chamber of Commerce, West Feliciana Community Development Foundation, and West Monroe-West Ouachita Chamber of Commerce.
Drivers would have to secure dogs riding in truck beds while on interstate highways, if the Senate agrees to a bill backed by the House.
The easy one-piece way to style
Comfy feet for long days
Here's your daily look at late-breaking national and international news, upcoming events and the stories that will be talked about Wednesday, April 23, 2014:
Newsy bits for the whole fam
Wednesday's Blogs from the Bog!
Don't forget: our annual Festival International contest begins Thursday! Win. Cool. Stuff.
An effort to prohibit employers from discriminating based on sexual orientation or gender identity was shelved Tuesday for the legislative session.
Louisiana won't lessen its penalties for marijuana possession, keeping laws on the books that allow people to be jailed up to 20 years for repeat offenses of having the drug in hand.
State bar foundation bestows honor on founder and managing partner of NeunerPate
This Wednesday, April 23, marks the first full day of INNOV8 Lafayette.
National awards recognize outstanding achievement in leadership development and leadership programs
A federal court magistrate has issued a seven-page schedule of hearings, conferences and deadlines leading up to January’s trial aimed at determining how much money BP will owe in Clean Water Act fines as a result of its 2010 Gulf of Mexico oil spill.
“This is one of the oldest divides that exists, and that divide is about the haves and the have-nots.”
Acadiana's nightlife guide.
The state’s “greedy trial lawyers” haven’t scared this oil giant away.
Local boutique celebrates all things green
It took a few weeks for the pitfalls to emerge in the governor’s $25 billion budget, but the time of judgment has finally arrived.
With pressure continuing to build for him to resign, Congressman Vance McAllister announced plans recently to remain secluded during the Easter break, but the Swartz Republican has said he’ll be back on the Hill casting votes and attending committee meetings when the congressional recess ends April 28.
A bid to limit the use of unmanned aircraft on private property in Louisiana stalled Monday in the Louisiana Senate.
A Shreveport lawmaker said Monday he's scrapping his proposal to name the Bible as Louisiana's official state book.
Tender meat and crispy bread create a white-linen-worthy sandwich
Attorney hopes fellow lawyers will join him in urging the D.A. to step aside and allow a competent, ethical challenger to take over the scandal-ridden office.
INNOV8 Lafayette launches its weeklong festival dedicated to cultivating innovation, creativity and entrepreneurship.
Smaller Microsoft Store installations sell a wide array of Microsoft products (Windows phones, Surface tablets and Xbox consoles) but don’t include everything.
Dirk Powell and Cedric Watson will perform together during an intimate gig at Parish Ink, 310 Jefferson St., from 9-11:30 p.m. Wednesday.
See cutting-edge technologies Thursday in brief presentations/demonstrations from 3rd Dimension Media, C&C Technologies, Cimation and UL Lafayette School of Engineering.
An official with the Louisiana Department of Education was arrested on a range of charges Friday after allegedly breaking into a home and brandishing a knife.
Acadiana's nightlife guide.
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