Louisiana Lawmakers Cancel Special Session on Tax Reform
Louisiana Lawmakers Cancel Special Session on Tax Reform
Louisiana Lawmakers Cancel Special Session on Tax Reform
News summary

Louisiana legislators have officially decided not to hold a special session for the remainder of 2024, effectively halting any proposed constitutional changes regarding the state budget and tax structure. This decision comes despite Governor Jeff Landry's push for reform, aimed at addressing an upcoming sales tax cut and streamlining the state's outdated constitution. Legislative leaders, including Senate President Cameron Henry and House Speaker Phillip DeVillier, cited the complexity of tax reform issues and the need for further dialogue with stakeholders before making decisions. The absence of a special session means that any potential constitutional amendments would not be submitted for voter approval until 2026, as no elections are scheduled until then. Additionally, the looming budget deficit projected from a $600 million revenue drop next fiscal year adds urgency to the need for reform, yet lawmakers remain hesitant to pursue drastic measures like a constitutional convention. Overall, the lack of political will and specificity in proposed changes leaves Louisiana's tax and budget reform efforts stalled for the foreseeable future.

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