After years of promoting the elimination of the corporate franchise tax, business advocates, including many in C100, were successful with Senate Bill (SB) 1 by Senator Allain which will phase out the tax over the next four years. This action will advance Louisiana from 39th to 37th in the Tax Foundation’s Business Climate Index, a measure of how well states structure their tax systems.
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Founded in 1992, C100 serves as Louisiana’s business roundtable and an advocate for economic development, engaging business leaders in state public policy issues to advance business and industry growth in ways that improve the economy and quality of life across Louisiana. Its membership includes senior executives of leading private and public companies and university presidents.
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