10:30 LRN Newscast June 24

Governor Edwards approved the Legislature’s tax swap proposal that removes the ability to deduct federal income taxes in exchange for lower overall income tax rates for businesses and individuals. Tax expert Jason DeCuir the entire tax swap plan was constructed so that if this narrow amendment fails at the October ballot, none of the proposal will take effect.

Cut 5  (09) “…law.”

Governor Edwards signs legislation removing the cap on the amount of money candidates in state elections can receive from political action committees. Council for a Better Louisiana President Barry Erwin says the new law could drastically increase the amount of influence out-of-state actors have on in-state politics.

Cut 9 (11) “…elections.”

Bill author Gonzales Senator Ed Price says his legislation is about transparency.

20-year-old Mykia Tyson is behind bars in St. Tammany Parish in what authorities say was an alleged murder-for-hire scheme to have her ex-girlfriend’s new boyfriend killed. St Tammany Sheriff’s Spokesperson Captain Scott Lee says Tyson hired four teenagers and 17-year-old Delester Magee was the shooter.

Cut 13 (09) “…custodial agreement.”

Tyson faces solicitation for murder and contributing to the delinquency of minor charges. No one was physically injured in the June 5th shooting.

Before the proposed Slidell casino has even gone before St. Tammany Parish voters, Peninsula Pacific Entertainment announces they plan to invest even more than initially proposed to the casino site. St. Tammany Corporation CEO Chris Masingill says a $75-million investment alone is pretty significant.

Cut 14 (10) “…hear that.”