There was a segment on this on Fox 8's 4pm or 5pm news today.
http://www.fox8live.com/story/17860184/tax-breakQuote:
Backers of a bill to give the Hornets franchise a nearly $4 million tax break say they are not giving up.
The legislation failed in the state House of Representatives this week, but supporters said Friday they will try to bring it up for another vote on Monday.
As a big "Thank You" celebration for Hornets fans was underway in the C.B.D. Friday afternoon, negotiations were underway to save the tax break that is part of the new lease agreement between the state and the team.
"We need to make sure the bill gets passed," said State Rep. Cameron Henry, R-Metairie, sponsor of HB 1072.
Earlier this week, the $3.7 million tax break did not make it through the hoop in the House. It was defeated by a few votes. The annual tax break expires next year.