The 2021 legislative session didn’t make anyone joyful.
But business enterprise organizations and very good authorities groups overwhelmingly give the 6-week session that finished June 10 superior marks for staying a person of the most productive in new memory.
“This has been an very collaborative session, where legislators worked alongside one another to acquire modern options for the fantastic of the persons of Louisiana,” claims Stephen Waguespack, president of the Louisiana Association of Company and Industry.
That innovation and bipartisanship was enabled in substantial aspect by the pending arrival of a $1.6 billion federal windfall, courtesy of the Biden administration’s American Rescue Plan. With that kind of cash headed to Louisiana, it was a ton simpler for lawmakers to uncover inventive answers.
However, which is only portion of the rationale the session was hailed as a accomplishment by so a lot of. The other is the passage of a bundle of tax reform measures that address several, however not all, of the troubles that have extended been cited for creating the state’s Byzantine tax code complex and anti-aggressive.
Granted, in buy for the variations to get location, voters have to approve many constitutional amendments on the ballot this fall, which is no smaller feat. But nonpartisan analysts say the actions consist of a great deal-essential reforms that will gain quite a few in the point out, not just enterprise homeowners and wealthy people today.
Go through the full tale about the legislative session from the hottest edition of Organization Report.
