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LABI Members Making the Case for Amendment 4
With early voting underway, members of Louisiana’s business community are continuing to elevate the conversation around Constitutional Amendment 4—sharing firsthand perspectives on why modernizing the state’s inventory tax system matters for competitiveness, investment and long-term growth.
Through published op-eds and public commentary, business leaders are underscoring a consistent message: Louisiana’s current inventory tax structure can influence where companies choose to locate, expand and invest—and reform offers a path to strengthening that environment.
Amendment 4 will give Louisiana a competitive edge.
— Scott Ballard, LABI Board Chair & Founder of Ballard Brands“For voters who prioritize economic growth and fiscal responsibility, Amendment 4 is a practical, locally controlled reform that strengthens competitiveness without expanding government or mandating statewide change.”
Amendment 4 matters for jobs and growth.
— Art Favre, LABI Executive Committee Member & President of Performance Contractors“Communities seeking to attract new businesses or support existing employers will have the option to reduce or eliminate inventory taxes as part of their economic development strategy. At the same time, parishes that rely on inventory tax revenue can continue using it if it remains beneficial to their local needs. This approach strikes the right balance between flexibility and stability.”
Together, these voices reflect a broader business community perspective that inventory tax reform is not abstract policy—it is a practical issue tied directly to job creation, capital investment, and Louisiana’s ability to compete for projects and growth.
Looking ahead, additional leadership voices continue to engage in the discussion, including a forthcoming op-ed from Tom Cox, Immediate Past Chair and Executive Chairman of Golfballs.com, who emphasizes how inventory tax policy factors into day-to-day business decisions:
“As a business owner, I see firsthand how this tax influences decision-making. It creates a clear incentive to minimize inventory levels or, in some cases, move inventory outside of Louisiana altogether. Over time, that dynamic can push inventory-intensive operations—and the jobs that come with them—out of our state.”
Amendment 4 provides for local choice—which makes local business perspectives especially critical. These are the employers, investors and job creators who navigate Louisiana’s tax and regulatory environment every day. Their firsthand experience helps translate policy into real-world consequences: whether a company expands here, where it locates inventory and how many jobs it can support
When local leaders speak up, they ground the debate in practical terms—what works, what doesn’t, and what Louisiana must do to remain competitive for the long term.
LABI members encourage Louisianans to learn more about CA 4 and consider the voices of those who are investing, hiring and growing in the state. This is a rare opportunity to modernize a long-standing policy in a way that reflects today’s economy and strengthens Louisiana’s ability to compete—community by community, decision by decision.
As election day (May 16) approaches, LABI is here to amplify the voices of Louisiana’s business community—and encourage others to speak out and share their perspectives on what CA 4 means for jobs, investment and the state’s future.