Audit: LA Agencies Not Complying With Tax Break Reporting Law

BATON ROUGE (AP) — 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.

- Sponsors -

         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.

 

- Partner Content -

Junior League of New Orleans Opens Applications for 2026 Woman Entrepreneur Fellowship Pitch Competition

Women business owners make up less than half of majority-owned enterprises in the United States, only 39.2 percent, according to the 2024 National Women’s...

 

Digital Sponsors / Become a Sponsor