Education tax credit sunset

State Sen. Morrell, D-New Orleans, has pre-filed a bill for the 2017 regular session that eliminates what he calls a ““really obscure, weird” tax credit in Louisiana. He hopes it will free up money to fund early childhood and college scholarships instead.
The bill sunsets the state’s individual income tax education credit. In other words, if signed into law this spring, it would discontinue a tax credit that gives $18 to eligible families for each child that has attended kindergarten through 12th grade for at least part of the year.

Budget cuts big and small hit agencies

Budget reductions large and small hit a number of state agencies during the 10-day Extraordinary Session of the 2017 Legislature as lawmakers eventually erasing a $304 million mid-year budget deficit.
Some entities “contributed” millions to the cause, mostly accompanied by the grinding of clenched teeth. And, proving it’s hard to leave any coin unturned, there was the $293 budget reduction to the Bicycle and Pedestrian Safety Fund in the Department of Transportation and Development.
At $293, why bother?

Legislators tap $99M from Rainy Day as part of buget patch

Louisiana lawmakers finished their work filling a $304 million mid-year budget gap Wednesday, with the Legislature coming to a compromise following a week of public fights and private negotiations between Democrat Gov. John Bel Edwards and Republican legislators.
The 10-day special session ended with neither Edwards, who wanted to use $119 million from the rainy day fund, nor House Republicans, who wanted to use far less, getting all of what they wanted.

House panel rejects governor's budget bill

A bill containing Gov. John Bel Edward’s budgetary proposals failed, 7-15, to make it out of the House Appropriations Committee Thursday, leaving only two rival bills, both Republican blessed, to receive the chamber’s full attention.
House Bill 3, by Rep. Cameron Henry, R-Metairie, and House Bill 8, a more stringent version of HB3, whose primary sponsors are Reps. Rick Edmonds, R-Baton Rouge, and Tony Bacala, R-Prairieville, are up for full House debate on Friday.


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