In legal news:

The Louisiana Chemical Association is taking legal action to challenge legislation that suspends a business utility tax break over the next year. According to a CityBusiness report, the group filed suit yesterday in Baton Rouge, asking a state district court to declare the action unconstitutional on the grounds that the measure (House Concurrent Resolution 8) did not gather the needed two-thirds majority support in the House. The legislation puts a 1 percent sales and use tax on business utilities and natural gas, which has been estimated to raise more than $100 million through August 5th of next year, at which time the law will sunset.

Read more from CityBusiness here. Read the full announcement from LCA and court documents here.

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