Alario Seeking To Revive Bill To Cut Income Tax Deductions
BATON ROUGE, La. (AP) — Senate President John Alario is trying to revive an effort to lessen deductions for people who itemize on their state income tax forms.
The House rejected the proposal, but Alario said Tuesday the measure remains the last best chance to raise additional revenue beyond the $284 million that has won legislative support so far.
The special session ends Thursday.
The Senate president was hoping to amend the failed House bill into a separate bill awaiting Senate debate. Gov. John Bel Edwards supports the idea, but it's unclear if the proposal can win final passage.
The measure would raise $88 million to lessen budget cuts in the financial year that begins July 1 by ending people's ability to use state income taxes and sales taxes among their list of itemized deductions.
This story has been corrected to show date session ends is Thursday. APNewsNow. Will be updated. With BC-LA-XGR--Tax Session
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