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Bridges resigns over tax credit flap
State Revenue Secretary Cynthia Bridges resigned Friday amid a controversy involving the state's Alternative Fuel Tax Credit program.
Gov. Bobby Jindal announced Bridges' departure in a news release issued by the governor's press office.
Jindal also announced that he appointed former Rep. Jane Smith to take Bridges' place on an interim basis. Smith has served as deputy secretary with the Department of Revenue since earlier this year. She was an unsuccessful candidate for the state Senate last fall after serving in the House of Representatives since 2000.
"We appreciate Cynthia's service and wish her well," Jindal's news release said.
"We're excited to have Jane serve as interim secretary," Jindal said. "We look forward to working with her to implement pro-growth tax policies that will help our economy continue to grow."
In April, Bridges issued a ruling that opened the door for thousands of state income tax filers to claim tax credits worth up to $3,000 for each automobile they purchased that met certain criteria under the state's Alternative Fuel Tax Credit program. .
At least one state lawmaker said the tax credits could cost the state in excess of $100 million.
However, Jindal dismissed Bridges' ruling Thursday afternoon, though it is not clear whether the governor's decision would put an end to the tax credit provision. Bridges' was based on her interpretation of a law the Legislature created in 2009.
State Sen. Mike Walsworth says a special legislative session may be needed to clarify the law that prompted Bridges to issue her ruling in the first place.
Walsworth, R-West Monroe, is a floor leader for Jindal in the Senate. |
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