President Donald Trump on Saturday signed into law a temporary extension of a subsidy program for small businesses battered by the coronavirus,
Louisiana's lobbyists can spend a bit more on wining and dining state lawmakers and other public officials.
Gov. John Bel Edwards and Louisiana's lawmakers spent most of the last four-year term digging out of nearly a decade of financial instability that forced deep cuts across state services, particularly higher education. Now, they appear headed back to that budget uncertainty.
Louisiana legislators passed a $35 billion state budget with two hours to spare on Tuesday, a stark contrast from the frenetic final moments of other recent sessions.
The United States-Mexico-Canada Agreement, which went into effect Wednesday, is a “major victory” for Louisiana farmers and ranchers, Louisiana Agriculture and Forestry Commissioner Mike Strain said.
Lawmakers approved 14 bills drafted based on Louisiana Economic Recovery Task Force recommendations during the special session that ended Tuesday, task force Chairman Jason DeCuir says.
Federal Reserve officials last month expressed concerns about the severity of the economic downturn triggered by the coronavirus pandemic, saying the drop in economic activity in the spring would likely be the steepest in the post-World War II period.
The last bill of the Louisiana Legislature’s June special session proved to be a contentious one, as lawmakers on Tuesday approved a measure meant to shield K-12 schools and colleges from lawsuits if a student or teacher contracts COVID-19.
In their special session that ended Tuesday, Louisiana lawmakers agreed to expand and extend business tax credits, exemptions and incentive programs, bills that were pitched as a coronavirus recovery tactic and are estimated to siphon millions from the treasury each year.
Louisiana lawmakers on Tuesday completed a 30-day special session called in the middle of the coronavirus pandemic, after awarding millions of dollars in tax breaks to businesses and finishing the state's multibillion-dollar budget a day before it must take effect.