Louisiana Voters Approve Revenue Stabilization Trust Fund
Posted on 11/09/2016
Voters in the U.S. State of Louisiana approved Amendment Five – the Stabilization Trust Fund, with 949,598 votes (53.6%) for Yes and 821,934 votes (46.4%) for No. The state will now establish its Revenue Stabilization Trust Fund to save a portion of mineral and corporate tax revenues when those collections are higher than usual. Here […]
