As the Texas Legislature wraps up its legislature session today, June 1, 2015, the Texas Legislature has approved a number of tax cuts to be sent to Governor Abbott. These tax cuts are expected to provide $3.8 billion in relief to Texas businesses and homeowners.
First, the Texas Legislature adopted H.B. 32, which creates
The Louisiana Legislature’s ever-evolving tax and revenue “gumbo pot” is now really getting hot! And, as of this moment, the business community is still being served up as the main course.
On May 18th, the Senate Revenue and Fiscal Affairs Committee moved forward several key tax bills that have already passed out of the Louisiana
Don’t blink! Pay close attention, because things are moving quickly right now at the Louisiana Legislature!
The Senate Revenue and Fiscal Affairs Committee met Monday, May 11th to hear a series of tax bills, including bills to implement combined reporting and an add-back provision for corporate income tax and clean-up provisions for the Louisiana
The Louisiana House of Representatives took a major step yesterday in addressing the $1.6 billion budget hole for the 2016 fiscal year. All in, the House moved forward approximately $664 million in revenue raising bills, in spite of many protests by business and industry representatives. While the stated goal of many legislators was to have
We anticipated it was going to be a busy day for the folks at the Louisiana Legislature on Monday. And they certainly didn’t disappoint!
Tornadoes, thunderstorms, floods, and power outages couldn’t stop the Louisiana House Ways & Means Committee from meeting late into the night yesterday to discuss – and pass through – many tax
Everyone should get ready for a very busy Monday at the Louisiana Legislature!
On Monday, April 27th, at 9:00, the Louisiana House Ways & Means Committee will meet to discuss a number of tax bills. Importantly, among the tax issues to be discussed are combined reporting (HB 775), statutory add-backs (HB
There are a lot of cooks in the kitchen this year working on Louisiana tax legislation!
The Louisiana Legislature convened the 2015 Regular Session at noon on Monday, April 13th. This is a fiscal session, meaning legislation dealing with taxes, exemptions, credits and deductions will be considered.
Having reviewed the 290 bills that have been
The 2015 Louisiana Tax Study Group, which was commissioned by the Louisiana Legislature and led by Dr. Jim Richardson, finally presented its much-anticipated report and recommendations today in a joint meeting before the House Committee on Ways and Means and the Senate Committee on Revenue and Fiscal Affairs.
The executive summary of the 2015 Louisiana
Louisiana Governor Bobby Jindal today unveiled to lawmakers his new budget proposal for the next fiscal year.
As was anticipated, Governor Jindal’s “recipe” for Louisiana’s current revenue and budget woes is, in part, to alter some of the state’s various refundable tax credit programs. These proposed changes are being suggested by the Governor to
In the above video, Jones Walker SALT partner Jay Adams explains a few highlights from recent Louisiana legislation regarding the new “local” Board of Tax Appeals (BTA) available to taxpayers for matters involving local sales/use tax assessments and refund claims, as well as possible new traps for taxpayers relating to appeals of local sales/use