Oops: Lawmakers strip sales tax breaks from Saints, Pelicans
BATON ROUGE, La. (AP) — Louisiana lawmakers accidentally stripped sales tax exemptions from the New Orleans Saints and Pelicans in the closing hours of the recent special legislative session.
The Advocate reports that move violates the state's subsidy contracts with Louisiana's two major league sports teams. That technically means the teams could quit their leases and leave New Orleans.
Louisiana Revenue Secretary Kimberly L. Robinson says officials are working out the mess and aren't worried that the teams could leave. But it's another after-effect of the confusion surrounding the end of the session, as legislators rushed to rewrite tax laws without vetting all changes.
The 2009 contract also requires the state to reimburse the teams owned by the Benson family for any sales taxes collected in the Mercedes-Benz Superdome and Smoothie King Center.
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Posted on Tue, April 12, 2016
by Associated Press