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Tax break approved

Posted on 5/15/12 at 9:45 pm
Posted by drake20
Baton Rouge
Member since Oct 2005
13156 posts
Posted on 5/15/12 at 9:45 pm
quote:

The New Orleans Hornets will continue receiving a tax break that saves the NBA team $37 million over 10 years.

The Senate sent the tax break bill to the governor's desk Monday with a 28-7 vote. The measure, supported by Gov. Bobby Jindal, is part of the state's deal to the keep the Hornets in Louisiana and a piece of the agreement with new team owner Tom Benson, who also owns the New Orleans Saints.

The tax break ran into sharp criticism in the House, where lawmakers bristled at the idea of giving a multimillion dollar tax break while also weighing budget cuts to colleges and health services.

But Senate President John Alario, who is from the New Orleans area, handled the tax break bill in the Senate, a move that muted complaints Monday.

Alario, R-Westwego, said the Hornets have a strong economic impact on the city of New Orleans and the state.

The bill by Rep. Cameron Henry, R-Metairie, extends an existing tax break that saves the team $3.7 million a year through Louisiana's Quality Jobs Program. The exemption was set to expire in 2013. Henry's bill continues the rebate through the 2024 NBA season.




LINK
Posted by RonFNSwanson
1739 mi from the University of LSU
Member since Mar 2012
24300 posts
Posted on 5/15/12 at 9:49 pm to
HYFR
Posted by drake20
Baton Rouge
Member since Oct 2005
13156 posts
Posted on 5/15/12 at 9:55 pm to
quote:

HYFR


had to look that one up.
Posted by RonFNSwanson
1739 mi from the University of LSU
Member since Mar 2012
24300 posts
Posted on 5/15/12 at 9:56 pm to
haha get with the times playa


#yolo
#hyfr


Posted by drake20
Baton Rouge
Member since Oct 2005
13156 posts
Posted on 5/15/12 at 9:58 pm to


i suck at the internet
Posted by RonFNSwanson
1739 mi from the University of LSU
Member since Mar 2012
24300 posts
Posted on 5/15/12 at 10:00 pm to
germans












Im proud of you for getting that link right

Posted by BeeFense5
Kenner
Member since Jul 2010
42506 posts
Posted on 5/15/12 at 10:01 pm to
Posted by drake20
Baton Rouge
Member since Oct 2005
13156 posts
Posted on 5/15/12 at 10:01 pm to


just gonna stop trying with gifs
Posted by RonFNSwanson
1739 mi from the University of LSU
Member since Mar 2012
24300 posts
Posted on 5/15/12 at 10:03 pm to



that one gets me everytime
Posted by BeeFense5
Kenner
Member since Jul 2010
42506 posts
Posted on 5/15/12 at 10:04 pm to
One of the most intense yells I have ever seen
Posted by RonFNSwanson
1739 mi from the University of LSU
Member since Mar 2012
24300 posts
Posted on 5/15/12 at 10:06 pm to
Posted by BeeFense5
Kenner
Member since Jul 2010
42506 posts
Posted on 5/15/12 at 10:07 pm to
(no message)
This post was edited on 5/15/12 at 10:14 pm
Posted by Hazelnut
Member since May 2011
16466 posts
Posted on 5/15/12 at 10:09 pm to
Posted by RonFNSwanson
1739 mi from the University of LSU
Member since Mar 2012
24300 posts
Posted on 5/15/12 at 10:09 pm to


Posted by BeeFense5
Kenner
Member since Jul 2010
42506 posts
Posted on 5/15/12 at 10:13 pm to
Posted by RonFNSwanson
1739 mi from the University of LSU
Member since Mar 2012
24300 posts
Posted on 5/15/12 at 10:16 pm to
Posted by drake20
Baton Rouge
Member since Oct 2005
13156 posts
Posted on 5/15/12 at 10:17 pm to


...love that ron swanson gif
This post was edited on 5/15/12 at 10:18 pm
Posted by RonFNSwanson
1739 mi from the University of LSU
Member since Mar 2012
24300 posts
Posted on 5/15/12 at 10:19 pm to
quote:

drake20


Posted by drake20
Baton Rouge
Member since Oct 2005
13156 posts
Posted on 5/15/12 at 10:22 pm to
Posted by RonFNSwanson
1739 mi from the University of LSU
Member since Mar 2012
24300 posts
Posted on 5/15/12 at 10:23 pm to
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