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The Advocate
Thursday, October 26th, 2023
 
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Here's how Louisiana's biggest business group wants lawmakers, Jeff Landry to govern

By ADAM DAIGLE l Acadiana Business Editor​ ​ ​

Welcome back to another edition of Acadiana Business Today. Let's get on to the headlines as you start your week. 

The Louisiana Association of Business and Industry wants state lawmakers next spring to pass many of the same tax cuts and business-friendly laws the group has pushed in years past.

Those include eliminating the corporate franchise and business inventory taxes, centralizing sales tax collection and changing the state's Industrial Tax Exemption Program to help manufacturers, according to a proposal the group's leaders presented to this newspaper's editorial board on Monday.

The report says Louisiana is facing a potential exodus of industries because business leaders are unhappier than ever: 87% of 526 such leaders the group surveyed said Louisiana's "business climate" is worsening, with many citing an inadequate workforce and pricey insurance, among other factors.

Read the full story here.

Have a great day and see you back here on tomorrow. 

 
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Guillory millage veto worries Lafayette’s public health unit, which is struggling to meet demand

When Lafayette Parish Council members changed course this month and abandoned a slew of higher property tax rates for the coming year, they did so convinced that parish government’s services were sufficiently funded. Read more

Eat Fuel Fleurish big winner at OM's pitch competition

Eat Fuel Fleurish was the big winner in the pitch competition hosted by the Opportunity Machine and the Lafayette Economic Development Authority on Thursday night. Read more

Acadiana newsmakers: Coury Moss wins honor from BMW

Coury Moss with Moss BMW won the company's 2022 Profiles in Achievement General Manager Victory Lap Award. Read more

 
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