According to the Advocate, local and parish governments will still be required to suspend sales tax collections during the state’s Second Amendment Sales Tax holiday on September 7-9. The tax holiday is expected to go on at the local level despite the State Legislature’s recent suspension of all three of the state’s sales tax holidays.
The suspension of the tax holidays was a compromise met by legislators to help balance the state’s fiscal budget. The compromise halts the observances for seven years.
The law that created the Second Amendment Sales Tax holiday in 2009 included a provision requiring participation from local and parish governments. That same participation was not included in the creation of Louisiana’s other two tax holidays.
An announcement is expected later this week informing local and parish governments of their required participation. According to the Advocate, about $500,000 could be lost on the consumer purchases of firearms, ammunition and hunting supplies thanks to the exemption.
