Gov. Edwards to unveil tax reform proposals

Gov. Edwards to unveil tax reform proposals

BATON ROUGE, LA (WVUE) - Louisiana Governor John Bel Edwards will lay out his tax reform proposals for the upcoming legislative session.

On April 10 lawmakers open the session with the state is still wrestling with money problems.

Edwards said he plans to fix the structural budget problems through tax reform.

In February he laid out his proposed budget for the fiscal year which begins July 1. That plan, though balanced, has $400 million less than the administration says is needed to fully fund current programs like TOPS.

The budget is $29 billion but only $9 billion is general fund dollars that lawmakers and the governor have control over. And of that, only about $4 billion is flexible dollars.

The bulk of the budget is federal dollars and money dedicated to specific purposes through the constitution and state statutes.

A blue-ribbon panel has recommended changes in the tax code to stabilize state funding.

At 1:30 p.m. Edwards will announce the recommendations he will put before lawmakers.

Copyright 2017 WVUE. All rights reserved.