Jay Adams, a partner in the Tax Practice Group and leader of the state and local tax team in the New Orleans office, was quoted in the Bloomberg Tax article “Louisiana Gets Look at Bills to Cut Some Taxes, Raise Others” published on November 4, 2024.
In the article, Jay shares insight regarding Louisiana’s fiscal special session, stating success hinges on whether the package of proposed bills would ultimately be “a net revenue generator.”
I have no doubt that this will be a heavy lift,” Jay said. “The revenue committees and the Department of Revenue are working hard to understand what this means from a numbers perspective.