The Louisiana Senate approves commercial fishing tax break
The Louisiana Senate today approved two bills by a local lawmaker aimed at restoring sales tax exemptions for commercial fishermen and the purchase of fuels for residential use that were nixed in the confusing final moments of the year’s first special legislative session. Senate Bill 4 by Sen. Norby Chabert, R-Houma, restores a long-standing tax break for purchases of fishing vessels, supplies, fuels, lubricants and repair services by a licensed commercial fisherman in Louisiana. Chabert’s bill would also restore the commercial fishing exemptions for two cents of the state sales tax that were scrubbed of dozens of tax breaks earlier this year to raise additional revenue for the state. Both changes in Chabert’s bill would begin July 1. Read the rest here 11:05
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