The federal government has made available the money for Louisiana to distribute the one-point-six billion dollars appropriated by Congress to help homeowners rebuild from last year’s floods. Julie Baxter Payer, deputy chief of staff for the governor, says federal restrictions have been placed on who receives the money first…
cut 15 (09) “…flood insurance”
Payer says the state is close to hiring a contractor that will oversee the home rebuilding programs.

A Chinese company announces plans to build a one-point-one billion dollar plant in Louisiana . Economic Development Secretary Don Pierson says he led a contingent to Wanhua’s (Wan-hwah)’s headquarters in China last month, where they completed final plans to move the project forward…
cut 6 (11) “…investments”
A final site choice within Louisiana will be made in the coming months.

It’s the first full day of the legislative session. Governor Edwards is pushing an ambitious tax plan that would increase taxes on businesses, but lower income taxes on 90-percent of taxpayers. But West Monroe Senator Mike Walsworth says lawmakers need to be cautious about lowering taxes for individuals and getting businesses to foot the bill…
cut 11 (10) “…to business”

Another study by LSU economist Dr. Loren Scott finds the benefit to Louisiana’s budget isn’t there when it comes to state’s film tax credit program. He says the return on investment from movie incentives was just 22% in 2016…:
Cut 7 (07) “million bucks”
Lawmakers are slated to discuss the film tax credit program in the current session.