LABI celebrates business legislative victories

As the 2021 regular legislative session wrapped up Thursday, the Louisiana Association of Business and Industry singled out a list of bills passed by the Legislature that the organization believes can change the Louisiana business climate for the better. “We were proud to assist their efforts, from streamlining our sales tax collections to demanding transparency in education spending to funding critical infrastructure,” says LABI President Stephen Waguespack. “The bills passed this session—with great bipartisan support—will untangle Louisiana’s confusing tax code and improve the business climate for those in our state as well as those looking to invest here.”

These are the top business bills passed, according to LABI: 

Tax reform

• HB199 by House Speaker Clay Schexnayder, R-Gonzales, if approved at the polls this fall, will create a more streamlined state and local sales tax system in Louisiana by establishing a new statewide…

Read more…