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Talk of the Town

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BREAKING 2pm 6-24-08 Gov Jindal Ceremonially Signs Buddy Shaw Bill Repealing Stelly Tax
Tuesday, Jun 24, 2008 10:52pm

SHREVEPORT, LA (By: Tom Pace, Talk of the Town) BREAKING: STATE POLITICS 2pm 6-24-08 Accompanied by Shreveport's Sen. B.L. "Buddy" Shaw, Louisiana Gov. Bobby Jindal signed a ceremonial copy of SB 87, "The Stelly Tax Repeal" before a packed room of supporters at the Greater Shreveport Chamber of Commerce on Tuesday, June 24th, 2008.

Click here to listen to the entire ceremony & press conference, in podcast form from Tom Pace at "The Talk of the Town." Sponsored by Sen. Shaw, the "Stelly Tax Repeal" eliminates tax increases brought about by the 2002 Stelly Plan.

As Jindal pointed out, the annual savings to taxpayers will be some $300 million. SB 87 goes into effect January 1, 2009, with taxpayers seeing refunds in 2010.

While there was plenty of applause for Shaw's Stelly Tax Repeal, there were several vocal protesters who encouraged Gov. Jindal to veto the Legislature's 200% pay raise recently approved by both the Hosue and Senate. The Times posted this story on their website.

Jindal said he knows the pay raise is wrong, but he will not veto the bill.
He added, he will have to keep a tighter reign on the legislature in the future.