Archive for May 3, 2011

‘Tax help for businesses’

From the Advocate Acadiana Bureau:

Tax help for businesses

The Louisiana Department of Revenue will host a free seminar on sales tax at 2 p.m. May 16.

The seminar will be held at the department’s Lafayette office, 825 Kaliste Saloom Road.



Report: ‘Jindal defends privatization of La. health insurance plan’

From the Advocate:

Amid controversy over plans to privatize a state workforce health insurance plan, the Jindal administration sought Monday to clarify the idea to lawmakers.

Commissioner of Administration Paul Rainwater said the governor is not suggesting that a “for sale” sign should be placed in front of the Office of Group Benefits.

He said the administration might offer up the agency’s book of business to a private company for a cash payment, possibly $150 million.

Some lawmakers struggled to understand the difference.

“Are you saying all of us didn’t understand you last week?” asked state Sen. Butch Gautreaux during a meeting of the Senate Retirement Committee.

“You three guys are the only ones who understand this,” he said, referring to Rainwater and two other Jindal administration officials.

The agency oversees coverage for about 250,000 state employees, retirees and their dependents, according to a page on the Division of Administration’s website.



Report: ‘Senate committee advances tax rebate bill’

From the Advocate:

A state Senate panel Monday endorsed a tax rebate for private companies that work with state universities on commercial ventures.

Senate Bill 134 sponsored by state Sen. Dan Claitor, R-Baton Rouge, moves to the full Senate for debate.

The measure, backed by Gov. Bobby Jindal, would allow a rebate from Dec. 31, 2011, until Dec. 31, 2017.

Companies have been eligible for a refundable tax credit through the Technology Commercialization Credit and Jobs Program. The program will now offer the tax rebate instead.