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Louisiana Production Tax Credit Safe As State Lawmakers Pass Sweeping Reform Bill

Louisiana lawmakers saved the state's tax credit as part of a sweeping set of tax reform bills that are headed the governor's desk coming out of a special legislative session.

Louisiana lawmakers saved the state’s tax credit as part of a sweeping set of fiscal reform bills that are headed the governor’s desk coming out of a special legislative session. The increasingly popular credit had been abolished by the House along with a wide range of other incentives to make up lost revenue from Gov. Landry had a called state legislators to a special session earlier this month to vote on the measures.

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