Bill would phase out solar tax credit

The Louisiana House Ways and Means Committee supported a measure to repeal state tax credits for wind energy systems and to phase down tax breaks for solar energy systems.

The program has cost far more than originally estimated, and lawmakers have been concerned about the price tag.

House Bill 705 by state Rep. Erich Ponti, R-Baton Rouge, was approved without objection and heads next to the House floor for debate.