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Thread: Hornets tax break is derailed/Approved on 4/30 {merged}

  1. #1
    All World Pelicans78's Avatar
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    Hornets tax break is derailed/Approved on 4/30 {merged}

    A tax break that's a key element of the state's new lease agreement with the New Orleans Hornets was derailed Wednesday when it failed to get the 53 votes needed to clear the Louisiana House. Lawmakers voted 49-46 for the extension of the annual $3.65 million tax break the team now gets. The break would run through 2024, with a possible five-year extension through 2029.
    http://www.nola.com/politics/index.s...tax_break.html

    Emeka Okafor - Joe Smith - Carmelo Anthony - Manu Ginobili - Jason Williams

    Al Jefferson - James Posey - Aaron McKie - Shaun Livingston

  2. #2
    How bad is this for Benson?

  3. #3
    All World Pelicans78's Avatar
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    Quote Originally Posted by nolaslim213 View Post
    How bad is this for Benson?
    Well, it's part of the lease agreement. Hopefully it will pass when the session meets again. Missed by 4 votes.

  4. #4
    I'm just going to reserve my right to panic until someone rational calms me down.

    omgomgomgomgomgomg

  5. #5
    Mostly Harmless 42's Avatar
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    If it does not pass, the lease will not be extended and the sale will not go through. This is posturing, likely. I'll check the voting record.
    __________
    "Aime la vérité, mais pardonne à l'erreur." - François-Marie Arouet (Voltaire)

  6. #6
    Not worried about this. Some greasing of palms, and this will pass. Louisiana politiics at its' best (or worst). Jindal will lay the smack down as well.

  7. #7
    All World Pelicans78's Avatar
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    Quote Originally Posted by 42 View Post
    If it does not pass, the lease will not be extended and the sale will not go through. This is posturing, likely. I'll check the voting record.
    The vote was 49-46. Missed by 4 votes.

  8. #8
    Ambition is Priceless dcoop's Avatar
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    ******ohwell

    whensnextvote

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  9. #9
    Mostly Harmless 42's Avatar
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    Quote Originally Posted by Hornets78 View Post
    The vote was 49-46. Missed by 4 votes.
    Who, not how many. If it's mostly northern folks against it, it's almost certainly posturing. Yeah?

  10. #10
    Nothing to worry about.

  11. #11
    Ambition is Priceless dcoop's Avatar
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    Quote Originally Posted by Veritas View Post
    Nothing to worry about.
    howso? also whens the next vote?

  12. #12
    Because the sale hasn't even gone through yet and it's politics, nothing ever gets done on the first try.

  13. #13
    The Franchise Big-EZ's Avatar
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    WTF does this mean? I'm not very worried, but this could be a concern for those who don't really know what all this means.
    Formally known as WhoDatMan504

  14. #14
    504 Contributor chubbs91's Avatar
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    North LA sucks.

  15. #15
    The Franchise Contributor GeauxPelicans's Avatar
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    Quote Originally Posted by chubbs91 View Post
    North LA sucks.
    This, at least the politicians do.

  16. #16
    Quote Originally Posted by chubbs91 View Post
    North LA sucks.
    +1
    I once had some of the worst grits and drippings in the Queen City

  17. #17
    This is almost certainly posturing by the NLA politicians

    as it is... I see Gov. Jindal's power over this legislature... and if he wants something... he'll almost certainly get it... and we all know he's in.

    Just give it time... there's 5 1/2 weeks left in this legislative session

  18. #18
    The Franchise Contributor wopester's Avatar
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    Politicians gonna politic.

  19. #19
    Rollin' Contributor Smirk's Avatar
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    I believe I remember getting murdered for having the audacity to question North Louisiana Politicians resolve on this.

    Yeah...

  20. #20
    Mostly Harmless 42's Avatar
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    Quote Originally Posted by Smirk View Post
    I believe I remember getting murdered for having the audacity to question North Louisiana Politicians resolve on this.

    Yeah...
    This bill, as written, is just for the Hornets. They'll get something else to valance it and that'll be it, likely.

    Thoughts?

    Getting words from a guy in the biz and will post them.

  21. #21
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    Quote Originally Posted by chubbs91 View Post
    North LA sucks.
    I would worry more about the 31 nays from south of the 318 area code than the 16 from the 318 area code before bashing it per this website:

    http://legiscan.com/gaits/rollcall/189258

    Yes my rep did not vote for it and to be honest I am not that thrilled about it. No matter where at in the state we live in, we all are Louisiana residents and giving money to the Hornets will help in the longterm. It helps bring in more people which means more taxes.
    Last edited by SundayMoney; 04-26-2012 at 09:56 AM.

  22. #22
    My issue is with the 8 that were absent for the vote. Why the hell would they be absent? They are paid tax payer dollars so they should be there for voting. If they had been there, the vote probably would have passed.

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    Quote Originally Posted by ProudFatherof2 View Post
    My issue is with the 8 that were absent for the vote. Why the hell would they be absent? They are paid tax payer dollars so they should be there for voting. If they had been there, the vote probably would have passed.
    I agree completely, all you have is one job that you get paid for and that is to vote. The position is for the good of the public, how does not even being there help the public?

  24. #24
    Quote Originally Posted by SundayMoney View Post
    I agree completely, all you have is one job that you get paid for and that is to vote. The position is for the good of the public, how does not even being there help the public?
    I agree with you. It doesn't do any good to not be there for the vote. It should be mandatory for them to be there. I would love to see that data as to how many times members of the house were absent for votes. If it is a trend, vote their asses out.

  25. #25
    Ambition is Priceless dcoop's Avatar
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    Quote Originally Posted by dcoop View Post
    ******ohwell

    whensnextvote
    anyone know?

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