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The Louisiana Commerce and Industry Board is meeting on Monday, September 12th to vote on corporate tax exemptions that would cost East Baton Rouge parish more than $1 MILLION in lost property taxes and millions more for other disaster-affected parishes.
These exemptions are being considered in direct violation of Governor John Bel Edwards' Executive Order, which stated that no future industrial tax exemptions would be approved resolutions of prior consent from the local school boards, sheriffs, municipalities and parish governing authorities whose tax revenue would be given away. That order, issued on June 24th, 2016, was "effective immediately."
One proposed exemption would "renew" a contract for an additional 5 years costing East Baton Rouge Parish $1.9 million, redirecting property tax revenue from the school board, city-parish, sheriff's office and other public bodies to Georgia Pacific, a Koch brothers company.
No public hearings have taken place on these proposals, and no deliberations or votes by public bodies.
617 N 3rd St
Baton Rouge, LA 70802
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