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.”

The Senate Revenue & Fiscal Affairs Committee has shelved a proposal to lower income and sales taxes. The House-approved bills stalled after a report said the tax cuts would result in a 142-million-dollar shortfall in 2027 and a 590-million-dollar shortfall in 2028. Invest in Louisiana Executive Director Jan (“yahn”) Moller…

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 bill making its way through the legislature would require insurance companies to allow homeowners to insure their homes for the stated market value. Andrew Greenstein reports.

Cut 1 (35) “…I’m Andrew Greenstein.”

A poll by JM Analytics shows there’s a clear favorite to be the next mayor of New Orleans. Pollster John Couvillion says 52 percent of those polled support councilwoman Helena Moreno, but he wonders if that will last until election day in October.

Cut 9 (10)  “…four and a half months to go”

The polls surveyed 500 likely voters in Orleans Parish on May 27th and 28th. A political action committee not affiliated with any candidate paid for the poll.