Baton Rouge, Louisiana
7 Day Forecast
Follow our weather team on social media

Audit: Agencies not complying with tax break reporting law

6 years 4 months 2 weeks ago Monday, September 19 2016 Sep 19, 2016 September 19, 2016 9:05 PM September 19, 2016 in News
Source: Associated Press
By: APNewsNow

BATON ROUGE - A new audit says four state agencies didn't comply with a 2013 state law aimed at better tracking of Louisiana's tax break programs.

In a report released Monday, Legislative Auditor Daryl Purpera's office says 46 of 79 tax incentive reports that agencies are supposed to submit under the law either didn't contain all the requirements - or weren't submitted at all.

Purpera's office says that means that state lawmakers don't have the information to decide if the tax break programs are performing as intended.

Two of the agencies said they didn't report on tax breaks that aren't being used.

Lawmakers have been trying to get a better handle on the money spent on tax breaks, to determine if they want to make changes as Louisiana grapples with continued budget problems.

More News

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
7 Days