Civil lawsuit reform legislation is headed to the Governor’s desk that supporters say may lower auto insurance rates. The bill was passed on veto-proof lines but is less expansive than previous tort legislation that was shot down by the Governor. Crowley Representative John Stefanski calls it an important step forward…
Cut 4 (11)_ “…rates.”
The bill passed with a few hours left in the special session.
The Legislature approves a 34-billion-dollar operating budget for the fiscal year that starts today, one that looks fairly similar to the one Governor Edwards proposed. However, Edwards was not pleased with the Legislature’s decision to pause a scheduled pay raise for state employees that would have cost about 60 million dollars.
Cut 15 (09) “…available”
Senator Bill Cassidy says he expects another federal stimulus package to be passed sometime in late July. Cassidy aims to have CARES 4.0 focused on covering the estimated 500 billion dollars of lost revenue for local governments nationwide. He says the cancellation of spring south Louisiana festivals has already left a mark, and…
Cut 7 (10) “…festival.”
The 500 billion dollars includes funds already lost, and estimated losses moving into 2021.