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Revenue conference adopts revised incentive-expenditure forecast after brief presentation from revenue secretary

5808706 · September 18, 2025
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Summary

Richard Nelson, secretary of revenue, presented the revised state incentive-expenditure forecast and the Revenue Estimating Conference adopted the revision without objection.

Richard Nelson, Louisiana secretary of revenue, appeared before the Revenue Estimating Conference on Monday to present the revised incentive-expenditure forecast and said he was available to answer questions. After the presentation, President Henry moved to adopt the revised incentive-expenditure forecast; the motion was seconded by Commissioner Barraz and adopted without objection.

The transcript records only the announcement of Nelson's availability to answer questions and the subsequent motion to adopt; no substantive debate or fiscal figures for the incentive forecast were recorded in the meeting transcript. The action was recorded as a formal adoption of the revised forecast; no additional implementing directions or vote tallies were provided.