Lafayette Will Wait A Little Longer On The Sales Tax Rebate Issue
Business owners will wait a little longer to hear from the Lafayette City Parish Council on the issue of the sales tax rebate. That's because the council decided to table an ordinance, by a vote of 8-0, that would have done away with a rebate program.
The program allows for a rebate to businesses that turn in their sales tax collections on time.
If the measure does finally pass, it would allow Consolidated Government to collect all of the sales taxes that shoppers pay and remove the incentive for business owners. That would mean an additional $1.4 million each year for the city, while the parish would see $104,000 in added revenues.
A request for a delay was made by the Greater Lafayette Chamber of Commerce. The council wanted to give the community more time to have input on the proposal.