The Louisiana House approves a bill that reduces the maximum number of weeks, 26 to 20, a person can receive unemployment benefits during a 12-month period. New Orleans Representative Wilford Carter says this legislation hurts the unemployed workers and the state.
PM Cut 13 (05) “…receiving benefits.”
If passed it would take effect in January 2025.
Legislation that would raise Louisiana’s minimum wage to $10 per hour next year and up to $14 per hour in 2028 was approved by Senate Labor Committee in a 3-2 vote. Louisiana is one of 21 states that observes the federal rate of $7.25 an hour. Matt Wood with Louisiana AFL-CIO says increasing the state minimum wage benefits working families.
Both bills head to the Senate.
A bill to extend Louisiana’s film tax incentives is approved by the Senate Committee on Revenue and Fiscal Affairs, but not without some changes. The original bill sought to extend the tax credit to 2035, it’s been amended to 2030. Louisiana Film and Entertainment Association President Trey Burvant, says the incentives bring hundreds-of-millions in revenue…
Cut 4 (12) “…kids through schools.”
Monroe area Senator Jay Morris opposes continuing the $150-million-a-year in tax incentives. He says the return on investment is too low; with only about a $10 benefit for every $100 invested and the jobs created only benefit certain parts of the state.
The bill moves now to the full Senate for debate and what could be final passage.