December 6, 2022

Rain showers in the morning will evolve into a more steady rain in the afternoon. Thunder possible. High 64F. Winds ENE at 5 to 10 mph. Chance of rain 100%. Rainfall may reach one inch..
A steady rain in the evening. Showers continuing late. Low near 55F. Winds NNE at 5 to 10 mph. Chance of rain 100%. Rainfall around a half an inch.
Updated: November 24, 2022 @ 2:56 am

The ongoing election cycle and speculation about control of Congress kept most politicos in Louisiana busy and distracted this fall. But now attention spans are beginning to branch off, especially as the 2023 regular session comes into focus and state lawmakers launch their re-election bids ahead of next year.
Lobbyists, associations, local government officials and special interests are all beating paths to the doors of state legislators, who will be confined to only five general subject matter bills next year. Competition for those bills will be fierce.
Tax issues, meanwhile, will be plentiful, since the next session will be fiscal in nature. Lawmakers will be allowed file as many of those kinds of proposals as they want, within certain limits.
Changes to our incomes taxes and the state sales tax rate will be debated. Lawmakers will likewise push — once again — concepts to centralize sales tax collections in Louisiana, which voters rejected when it was last sent to them in the form of a constitutional amendment.
When not attempting to write tax policy, lawmakers will also use the next regular session to guide the state’s hands on everything from investment portfolios to election practices. The session will likely host other debates about insurance coverage, electricity regulations and much more.
Next year’s session won’t be just another session. Lawmakers are up for re-election on the 2023 fall ballot, so the spring session will be among the last opportunities for the House and Senate memberships to impress voters.
According to Stephen Waguespack, president of the Louisiana Association of Business and Industry, the last session of a term is always heavily influenced by the upcoming elections. Moreover, all fiscal sessions are heavily influenced by the national and state economy. “Combined,” he added, “this means the next session should be a spicy one.”
As long as revenue collections stay strong, Waguespack said we could see the Legislature continue investments in one-time expenses like infrastructure. There could be some “bold reforms” floated, like an education savings account, he said, and inflation will undoubtedly be discussed.
“Crime is out of control and must be addressed,” Waguespack added. “I don’t see any way this session can end without some movement on this issue. We all know that any session before a big election has the potential to be more about soundbites and posturing rather than substance and policymaking. Hopefully this one can be the exception to the rule.”
There’s a growing appetite to get rid of the personal income tax, and Rep. Richard Nelson of Mandeville has been leading a review to figure out how to best accomplish that goal. The big challenge involves paying for the change.
Lawmakers are investigating similar avenues to tackle the temporary .45 percent portion of the state sales tax structure that expires in 2025. There’s even chatter about lawmakers removing the temporary portion of the state sales tax early so they can take credit during their re-election bids for (technically) cutting taxes.
While that’s all easier said than done, representatives and senators aren’t willing to shy away from their lofty ambitions quite yet.
Rep. Beau Beaullieu of Iberia Parish, the vice chairman of the tax-writing House Ways and Means Committee, said, “From the discussions that I am having with colleagues, you might see efforts to swing for the fences on the budget and revenue side of things.”
Compromises are always possible, Beaullieu said, even on high-profile items like eliminating the income tax.
“Are you able to cut expenses to that large of an extent in the general fund? Do you get rid of exemptions and credits to make it happen?” Beaullieu asked. “Good luck trying to get rid of the homestead exemption or move to a state property tax. Although it would be great to see it done in a single swoop, it’s more likely that we see a steady reduction of the income tax over a period of years. Legislation that eats the alligator one bite at a time has the best shot of passing.”
Lawmakers will get a shot to eat the alligator during their regular session that convenes in roughly four and a half months, on April 10, 2023. The legislative primary election cycle, meanwhile, is less than a year away and is slated for Oct. 14, 2023.
Jeremy Alford is the publisher of LaPolitics Weekly and LaPolitics.com. He can be reached at JJA@LaPolitics.com.
Your comment has been submitted.

Reported
There was a problem reporting this.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.
If you’re interested in submitting a Letter to the Editor, click here.
Sorry, there are no recent results for popular videos.
Sorry, there are no recent results for popular commented articles.
The first official educational program of each club year is always one of the most eagerly a… Read moreMonroe Graden Club welcomes Dallas Arboretum speakers
A multi-jurisdictional task force arrested 60 suspects earlier this month during a warrant s… Read moreWarrant sweep nets 60 arrests
West Monroe Mayor Staci Mitchell says the city’s plans for an amphitheater, possibly along t… Read moreWest Monroe seeking grant for amphitheater
The Ouachita Parish Police Jury voted Monday to spend $2,865,000 to buy a building to house … Read morePolice Jury to spend $3 million on new library
After several years of being closed to the public, Layton Castle along the Ouachita River in… Read moreLayton Castle reopens to public with tours beginning in December
NOVA, an employment organization based in Monroe, plans to host a meet and greet on Dec. 2 a… Read moreNOVA to host graduate meet and greet Dec. 2
The Children’s Lighted Bike Parade is scheduled for Dec. 9 at 6 p.m. at Alley Park in West Monroe. Read moreChildren’s lighted bike parade Dec. 9
Ouachita Parish Schools scored higher than the state average for performance this year, acco… Read morePerformance scores rank above state average
Louisiana State Police Troop F responded to a two-vehicle crash last week that killed 78-yea… Read moreRayville man killed in two-vehicle crash
Origin Bank has been named one of the 2022 “Best Banks to Work For” by American Banker, an o… Read moreOrigin Bank gets nod from publication
Joey Cowan Read moreObituaries published Nov. 23, 2022
Louisiana Tech University celebrated two milestones last week during its 342nd commencement … Read moreLouisiana Tech celebrates graduation milestones
Thanksgiving is a wonderful time of year. There is football to watch, cooler weather, the ki… Read moreJarrett Fix: Count your blessings on Thankgiving
Louisiana and Texas are expected to gain thousands of oil and gas jobs in the coming months,… Read moreGains expected for Louisiana, Texas gas jobs
St. Frederick High School will host an event featuring keynote speaker Stephen Hill, a renow… Read moreSt. Frederick hosts renowned speaker
Septieme Society met on Nov. 1 at Logan’s Roadhouse. Read moreSeptieme Society meets, discusses charitable endeavors
Louisiana State Police Troop F responded to a single-vehicle crash last week that killed 17-… Read moreEros teen dies in Hwy. 151 wreck
The Wellspring has been selected as a 2022 Bezos Day 1 Families Fund award recipient! Read moreWellspring wins $1.25-M grant to help end homelessness
The third annual ARTvent is just ahead. Beginning Dec. 1 for a total of 12 consecutive days,… Read moreArts Council announces annual ARTvent!
Officials with the Louisiana Department of Revenue and Legislative Fiscal Office presented l… Read moreLawmakers hear sales tax info as they mull changes
Sorry, an error occurred.

Would you like to receive an email newsletter alerting you to the top news stories and sports stories from The Ouachita Citizen, The Franklin Sun and the Concordia Sentinel each week? Sign up today!

Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Invalid password or account does not exist
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account.

Secure & Encrypted
Secure transaction. Cancel anytime.

Thank you.
Your purchase was successful, and you are now logged in.
A receipt was sent to your email.

source

Leave a Reply

Your email address will not be published.