Revenue Estimating Conference

The state’s four-member Revenue Estimating Conference (REC) adopted a revenue projection on Tuesday, which showed the state collected far more in individual income taxes, general sales taxes and corporate taxes than economists predicted last year when it remained unclear what impact the pandemic would have on the economy and the state’s finances.

Governor John Bel Edwards and top Republican lawmakers will start the 2020 legislative session locked in a familiar standoff.On Friday, the Revenue…

Today, we're taking a look back at the year in Louisiana politics.In 2019, we saw some things change and others stay the same.Democrat John Bel Edwards…

For the second straight year, Republican lawmakers have refused to accept state economists’ forecast of expected revenue in the upcoming fiscal year, a…

Speaker of the House Taylor Barras (R-New Iberia) agreed Wednesday to approve $119 million dollars in additional state revenue for next fiscal year,…

Louisiana lawmakers managed to avoid a steep drop in state revenue last year by passing a partial extension of a temporary hike in sales tax. But even…

Governor John Bel Edwards’ administration presented a $31 billion proposal for next year’s budget on Friday. But before it can become a reality, a…

For the second time in as many weeks, Republican leaders in the House have rejected guidance from state economists who estimate Louisiana’s income will be…

Lawmakers in Louisiana got good news Thursday. The state’s fiscal cliff isn’t quite as bad as previously expected.What was once a $994-million budget…

Gov. John Bel Edwards was pleased with the results of Thursday’s Revenue Estimating Conference meeting, telling the panel, "For the first time in many…