amendment #8, business, property tax, exemption, election - KNOE 8 News; KNOE-TV; KNOE.com |

Amendment #8 on Nov. 6 Ballot: Business property tax exemption

Posted: Updated: Oct 18, 2012 06:36 PM

MONROE, La. (KNOE 8 News) - Amendment number eight on the November 6th ballot could bring new businesses to the state, but at a price. Senator Bob Kostelka voted for the amendment onto the ballot.

But the senator doesn't support the measure that offers tax exemptions for non-manufacturing businesses.

"I see it definitely taking taxes away from local government and local governments would have a hard time passing any other tax to make up for the loss they would incur" said Kostelka.

But the North Louisiana Economic Partnership has endorsed the proposal saying the amendment will spur economic development. Communications Vice President Christine Rambo says the program will give Louisiana competitive advantage attracting out of state distribution facilities, data service centers, and corporate headquarters. "It gives us economic developers a tool to help recruit quality companies that bring quality jobs to our community" said Rambo.

If the amendment passes, individual parishes will have to "opt in" to participate. To do so, parish governments, school board, and law enforcement groups have to agree on the measure. Despite his opposition, Kostelka says he voted the measure onto the ballot to leave the choice up to the people.

"This one deals strictly with local taxes, so parishes who may want it, I think they ought to decide if they want to risk their tax income by doing this."

Retail sales, real estate, and professional services among others would be ineligible for the exemption. The City of Monroe and Ouachita Parish have not taken a stance on the amendment. On Friday October 19, the Monroe Chamber of Commerce take a vote deciding whether to support the proposal.

  • Most Popular StoriesMost Popular StoriesMore>>

  • 28 Monroe area businesses cited for selling to minors

    28 Monroe area businesses cited for selling to minors

    Tuesday, July 29 2014 11:51 AM EDT2014-07-29 15:51:09 GMT
    Baton Rouge, La. (KNOE 8 News ATC) - Agents with the Office of Alcohol and Tobacco Control recently conducted compliance checks at 173 businesses in the Monroe and West Monroe areas. During those compliance checks, 28 of the businesses, which consist of area restaurants, bars and convenience stores, were caught selling alcohol and tobacco products to minors.
    Baton Rouge, La. (KNOE 8 News ATC) - Agents with the Office of Alcohol and Tobacco Control recently conducted compliance checks at 173 businesses in the Monroe and West Monroe areas. During those compliance checks, 28 of the businesses, which consist of area restaurants, bars and convenience stores, were caught selling alcohol and tobacco products to minors.
  • Union Parish School District employees get a raise

    Union Parish School District employees get a raise

    Tuesday, July 29 2014 11:17 PM EDT2014-07-30 03:17:56 GMT
    FARMERVILLE, La. (KNOE 8 News) - It's Christmas in July for the Union Parish School Board employees. At this month's school board meeting, the board voted to give every employee a raise. 
    FARMERVILLE, La. (KNOE 8 News) - It's Christmas in July for the Union Parish School Board employees. At this month's school board meeting, the board voted to give every employee a raise. 
  • Two arrests, officer tazed at Watermelon Festival

    Two arrests, officer tazed at Watermelon Festival

    Monday, July 28 2014 4:41 PM EDT2014-07-28 20:41:59 GMT
    FARMERVILLE, La. (KNOE 8 News UPSO) - Union Parish sheriff’s deputies made at least two arrests over the Watermelon Festival weekend, one that involved a deputy getting tazed.
    FARMERVILLE, La. (KNOE 8 News UPSO) - Union Parish sheriff’s deputies made at least two arrests over the Watermelon Festival weekend, one that involved a deputy getting tazed.
  • West Monroe man arrested for meth possession

    West Monroe man arrested for meth possession

    Sunday, July 27 2014 9:09 PM EDT2014-07-28 01:09:38 GMT
    WEST MONROE, La. (KNOE 8 News) - West Monroe Police arrested a man early Sunday morning for possession of drugs.
    WEST MONROE, La. (KNOE 8 News) - West Monroe Police arrested a man early Sunday morning for possession of drugs.
  • Union Sheriff: Man was attempting to hire hit man to kill family members

    Union Sheriff: Man was attempting to hire hit man to kill family members

    Monday, July 28 2014 1:21 PM EDT2014-07-28 17:21:58 GMT
    UNION PARISH, La. (KNOE 8 News UPSO) - A Ouachita Parish resident was arrested by Union Parish sheriff’s deputies and investigators over the weekend accused of solicitation of murder.
    UNION PARISH, La. (KNOE 8 News UPSO) - A Ouachita Parish resident was arrested by Union Parish sheriff’s deputies and investigators over the weekend accused of solicitation of murder.
  • 17 hurt after multi-vehicle Madison Parish wreck

    17 hurt after multi-vehicle Madison Parish wreck

    Tuesday, July 29 2014 3:16 PM EDT2014-07-29 19:16:12 GMT
    DELTA, La. (AP) - A multiple-vehicle accident on the Mississippi River bridge connecting Madison Parish, Louisiana, and Warren County, Mississippi, has sent 17 people to a hospital, most with minor injuries.
    DELTA, La. (AP) - A multiple-vehicle accident on the Mississippi River bridge connecting Madison Parish, Louisiana, and Warren County, Mississippi, has sent 17 people to a hospital, most with minor injuries.
  • A Kansas man charged in the death of a 10-month-old foster child

    A Kansas man charged in the death of a 10-month-old foster child

    Tuesday, July 29 2014 10:32 AM EDT2014-07-29 14:32:06 GMT
     A Kansas man charged in the death of a 10-month-old foster child is expected to appear in court today (tuesday).
     A Kansas man charged in the death of a 10-month-old foster child is expected to appear in court today (tuesday).

  • Clerk wrestles gun away from armed robbery suspect

    Clerk wrestles gun away from armed robbery suspect

    Saturday, July 26 2014 4:40 PM EDT2014-07-26 20:40:24 GMT
    MONROE, La. (KNOE 8 News) - Police are investigating an attempted armed robbery where a clerk fought a gun away from a suspect.
    MONROE, La. (KNOE 8 News) - Police are investigating an attempted armed robbery where a clerk fought a gun away from a suspect.
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KNOE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.