In a narrow eight-to-seven vote, the House Ways and Means Committee approves a Senate bill that would allow low-income homeowners to receive up to a two-thousand-dollar income tax credit to help them pay property insurance costs. New Orleans Democratic Senator Royce Duplessis authored the legislation.
Cut 13 (08) “…insurance premiums.”
Homeowners who make less than 200-percent of the poverty level would be eligible. The Senate approved bill still needs full House approval.
The Louisiana House has approved a bill that would allow homeowners to purchase “state value” policies. The bill’s author, Belle Chasse Republican Representative Jacob Braud says the measure would be for those who have already paid off the mortgage and under this legislation they can insure their home for any amount…
Cut 5 (11) “…so much about”
It would result in a homeowner who has paid off the mortgage to purchase a more affordable homeowner’s policy. It still needs Senate approval.
The Senate Revenue & Fiscal Affairs Committee has shelved a proposal to lower state income and sales taxes. Invest in Louisiana Executive Director Jan Moller says it was a wise decision, since the tax revenue impact is still not fully known from the reduction of the income tax rate to three percent that went into effect January 1st.
Cut 10 (08) “…schools and hospitals.”
The bills would have cut the state sales tax from six percent to 5.75 percent and income tax from three percent to 2.75 percent.
A new poll shows Congressman Troy Carter with high approval numbers. A survey of 500 voters in Orleans Parish finds that Carter has a 66-percent favorable rating. Pollster John Couvillon of JMC Analytics and Polling says Carter has not ruffled many feathers during his time as a state legislator and now as a U-S Representative…
Cut 8 (10) “….most people like him”
The poll also found that Sheriff Susan Hutson has dismal approval numbers, while city councilmember Helena Moreno is the favorite to win the mayoral race.