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Louisiana won’t touch generous industrial property tax break amid Landry’s overhaul • Louisiana Illuminator

Summary by Louisiana Illuminator
Louisiana Department of Revenue Secretary Richard Nelson and state Rep. Julie Emerson, R-Carencro, testify at a House Ways & Means Committee hearing on Nov. 8, 2024. (Photo credit: Wes Muller/Louisiana Illuminator)Although Gov. Jeff Landry’s major tax overhaul would do away with many of the state’s tax breaks in exchange for lower income tax rates, Louisiana’s most lucrative corporate subsidy — its Industrial Tax Exemption Program — would remain…
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