Our Chamber continues to engage on state-level issues impacting our region’s economy, workforce and quality of life. Through action by our Executive Committee, our Board of Directors voted to support two constitutional amendments on the May 16 ballot, Amendment 3 and Amendment 4.
Amendment 3 would dedicate funding to provide permanent pay raises for public school teachers and support workers by paying down debt in the Teachers’ Retirement System of Louisiana. And Amendment 4 would provide local parishes with the authority to reduce or exempt property tax on property held as business inventory and to provide for the classification of Public Service Property. The inventory tax has long been considered an impediment to existing businesses and a barrier to attracting new investment in Louisiana. Read press release.