Louisiana legislators want to learn more about Gov. Jeff Landry’s plan to overhaul the state’s tax system before they commit to a special legislative session in November to pass new tax laws, Louisiana Illuminator reports.
Landry’s revenue secretary, Richard Nelson, has pitched a session focused on tax changes to be held between the Nov. 5 presidential election and Thanksgiving on Nov. 28.
“We would like to see a special session between now and the end of the year,” Nelson said during a presentation to lawmakers last week.
The proposal focuses on eliminating existing tax exemptions and expanding the state sales tax to new services in exchange for lowering the personal income tax rate for moderate-income and wealthy households.
But Nelson hasn’t provided details about which tax exemptions he wants to scrap or what new services would be subject to sales taxes under his proposal. He’s also been vague about what personal income tax rate he wants legislators to set.
