INDReporter

Tax break for gun manufacturers stalls in House

by Walter Pierce

The proposal by St. Bernard Parish Rep. Ray Garofalo stalled on a 47-47 vote Wednesday. Garofalo, a Republican, can try again if he can pick up the six votes needed for passage.

BATON ROUGE, La. (AP) - The House refused to create a new tax credit for firearm and ammunition manufacturers who move their businesses to Louisiana.

The proposal by St. Bernard Parish Rep. Ray Garofalo stalled on a 47-47 vote Wednesday. Garofalo, a Republican, can try again if he can pick up the six votes needed for passage.

Opponents of the measure cited budgetary worries, saying they didn't want to force further budget cuts to pay for a new tax break.

Garofalo said the tax credit wouldn't take dollars out of the state's budget because it would only apply to companies that aren't currently in the state. He says gun control laws being enacted in other states created a prime opportunity for Louisiana to attract the manufacturers.