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2025 Fiscal Session Updates – Sales Tax

The 2025 fiscal session just wrapped up. While we were expecting numerous additional sales tax changes on top of what was passed in last November’s special session, the primary sales tax bill ended up being the bill used to “clean up” the changes made in the special session. Below are some of the main takeaways.

The Louisiana legislature acted in the last special session of 2024 to sunset some of the more widely used programs that LED offers such as Enterprise Zone, Quality Jobs, and Retention and Modernization. The department will still be accepting Advance Notifications for these programs through 6/30/25.  If you do not currently have an Advance Notification on file with LED, then you will not be eligible to pursue these programs without filing an Advance Notification before the sunset date above.

If you have projects and investments being considered in Louisiana and would like to file an Advance Notification for one of these programs, then please let us know.

In the current fiscal session, LED proposed a suite of new incentives including: a High Impact Jobs (HIP) program and the Site Infrastructure Investment Fund. Attached is our comparison of the existing programs that are sunsetting and the new programs being proposed. We are happy to discuss or assist in any way we can with navigating the new programs.  Most of the details of these new programs are to come through the rule promulgation process, which we anticipate to begin this summer following the legislative session, pending approval of the legislation and the Governor’s signature.  If you would like to discuss, please don’t hesitate to reach out to one of our Business Incentives experts.

Louisiana’s 2025 Regular Legislative Session adjourned sine dine on June 12th, 2025. While the session was a fiscal session, many other legislative priorities took the spotlight such as insurance reform and carbon capture regulation. Regardless, there were many key tax measures that taxpayers should be made aware.

Constitutional Amendments related to the former Constitutional Amendment No. 2.

2025 Texas Legislative Session Wrap-Up: Key Tax Legislation and Developments

The 89th Texas Legislature adjourned its regular session on June 2, 2025, after a whirlwind of policy debates and negotiations. One of the most impactful outcomes of this session was a series of sweeping changes to the state’s tax landscape, particularly in the areas of property taxes, business incentives, and severance tax allocations. Below is a detailed breakdown of the major tax bills passed and what they mean for Texas taxpayers—both individuals and businesses.