Hornets Tax Break http://wwno.org en Tax Break for the Hornets Fails in La. House http://wwno.org/post/tax-break-hornets-fails-la-house <p>BATON ROUGE, La. (AP) &mdash; The Louisiana House has narrowly refused to extend an existing tax break given to the New Orleans Hornets that saves the team $3.7 million a year.</p><p>The extension proposed by Metairie Rep. Cameron Henry, a Republican, fell four votes short of passage in a 49-46 vote Wednesday.</p><p>The NBA team gets a tax break through the state Quality Jobs Program. Henry proposed continuing that for the length of the Hornets&#39; new lease with the state, which is set to go through 2024.</p> Thu, 26 Apr 2012 14:49:27 +0000 The Associated Press 9473 at http://wwno.org