After receiving several letters and complaints from numerous business groups and owners to end the federally enhanced unemployment benefits before they expire in September, Governor John Bel Edwards says he wants to make an informed decision before reacting.
Economist Jim Richardson served on the Revenue Estimating Conference for the state for three decades.
The Gulf of Mexico “Dead Zone” is expected to cover an area over 4,700 square miles this summer from Louisiana to Texas. That’s according to LSU scientist Dr. Nancy Rabalais who says the area is about 500 square miles less than previous years but still a disappointing number.
Cut 3 (7) “…might come through”
The House rejected an attempt to extend the state’s 180 million dollar film tax credit out to 2028 from its current sunset date of 2025. The bill began as an effort to incentivize companies to do more productions outside of New Orleans but evenly grew into a generalized extension of the program. Mandeville Representative Richard Nelson hammered the bill, saying we can only afford a meager 800 dollar teacher pay raise for 60 million dollars while giving Hollywood 180 million a year. He adds…
Cut 6, 12 seconds, system
supporters of the tax credit argue it has a billion-dollar plus yearly impact on state tourism.