Why Do Taxpayers Have to Sue the State for Their Refunds? [VIDEO]
Stephen Waguespack, President and CEO of the Louisiana Association of Business and Industry, talks with 101.7 / 710 KEEL's Robert J Wright and Erin McCarty about the final days of this year's legislative session, including a bill from Shreveport's Barrow Peacock to defend state taxpayers.
The bill, SB198, has passed through the House of Representatives and now goes back to the Senate for final action.
More details from Waguespack and LABI:
"SB198 by Senator Barrow Peacock passed the House by a vote of 97-1 today. The bill now returns to the Senate to concur in the House amendments and send it to the governor's desk to become law.
SB 198 will clarify that taxpayers can pursue a refund claim when there is an overpayment of taxes that were not legally due to state government. Without this bill, the government stands to unfairly benefit from taxes collected illegally from these Louisiana families and companies who may not have the knowledge and resources to pay taxes under protest, file a lawsuit or pursue a claim against the state."