Louisiana lawmakers will consider the revenue lost through a multitude of state tax exemptions when trying the balance the budget for fiscal 2012, House Speaker Jim Tucker said last week in an address to the Louisiana Hospital Association.

Tucker said the Legislature is more likely to favor suspensions of some exemptions rather than outright repeals. Gov. Bobby Jindal and others would regard a repeal of an exemption as a tax increase, he said.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.