As noted in a prior post, the Louisiana Department of Revenue has issued a Notice of Intent to amend its Regulation on the sales and use tax responsibilities of contractors and their customers. Based on the volume of comments received, the Department will conduct a hearing to receive commentary from the public. It
Yesterday evening, AG Uthmeier filed the revised ballot title and summary for Amendment 3, as directed by the Leon County Court:
INCREASED HOMESTEAD EXEMPTION; LOWER CAP ON INCREASES IN NON-HOMESTEAD PROPERTY ASSESSMENTS
This amendment increases the homestead exemption, for all non-school taxes, to $150,000 in 2027, and $250,000 in 2028, and adjusts for inflation thereafter.
The Louisiana Department of Revenue (LDOR) has issued notice that it has initiated rulemaking procedures to amend LAC 61:I.4372, Payment of Sales and Use Taxes by Persons Constructing, Renovating, or Altering Immovable Property. The proposed amendments are intended to clarify whether a contractor or its customer is responsible for sales and use tax on
The Mississippi Department of Revenue recently amended several sales and use tax regulations to remove longstanding provisions purporting to impose use tax on third party freight charges. These changes reflect the Mississippi Supreme Court’s 2025 ruling in Miss. Dept. of Revenue v. Tennessee Gas Pipeline Company, LLC that the Department’s position was contrary to the underlying
On June 1, the Florida Legislature convened in a special session to consider the property tax reform proposal outlined by Governor DeSantis late last week. Prior to legislative committee meetings, a legislative staff analysis estimated that the Governor’s proposal could impact local government revenues by more than -$8 billion (at least -$3.4 billion school taxes
First, it was traditional manufacturing. Next, it was data centers. Now, Louisiana is opening its doors to the aerospace industry with new tax incentives. Louisiana’s executive and legislative leaders are openly and aggressively pursuing businesses in the aerospace industry.
During the ongoing 2026 Regular Session of the Louisiana Legislature, Rep. Tony Bacala sponsored House Bill
Senate Bill No. 196 of the 2026 Regular Session, which has passed the Louisiana House of Representatives, is headed back for Senate acceptance of minor amendments and will soon be headed to the Governor for signing.
The Bill extends the deadlines to appeal an assessment of taxes at both the state and parish level
On March 27, the Louisiana Department of Revenue issued guidance in RIB No. 26-011 on changes to the Inventory Tax Credit established during the 2024 Third Extraordinary Session and the 2025 Regular Session. The RIB reiterates that C corporations will no longer earn inventory tax credits (ITC) for ad valorem taxes paid on or after
Mississippi’s proposed legislation to exempt student-athletes’ NIL income from state taxation has officially been shelved, halting what would have made Mississippi one of the few states offering such a targeted incentive. The bill’s failure reflects the broader trend of states (particularly with schools in the SEC) considering tax-based incentives to stay competitive in recruiting. For