BATON ROUGE, La. (AP) — A Louisiana senator has agreed to accept the state's cigarette tax renewal that the House tacked onto his proposal to fund a popular college scholarship program, potentially ending one of the most contentious battles of the legislative session.

The move could mean that the bill will emerge from a conference committee with the 4-cent tax extension intact.

Both the House and Senate will have to vote on the measure Thursday before it can receive final passage, and then it will require approval from voters in a fall ballot initiative.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.