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FY14 Budget
5:28 pm
Thu February 28, 2013

Fact Check: Completing Nichols' Numbers

On the Jim Engster Show Thursday morning, Division of Administration Commissioner Kristy Nichols relied on talking points that have been repeated by officials in the Jindal administration. 

The Commissioner has cherry-picked her facts.

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State Pensions
5:44 pm
Wed February 27, 2013

Cash Balance Plan Could Tiptoe Back to Lawmakers

Credit Louisiana Legislature
Chairman of the House Retirement Committee, Representative Kevin Pearson, brought forth the Jindal-backed cash balance plan last session.

Representative Kevin Pearson, chairman of the House Retirement Committee, has prepared a bill that he hopes will improve the cash balance plan – despite that the plan is the subject of ongoing litigation. The plan was overturned in court because it didn’t get a two-thirds vote in the legislature. 

If the State Supreme Court does uphold the decision, the bill could be used as a safety-net, and the cash balance plan could be brought before the legislature a second time.


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Tax Reforms
4:28 pm
Tue February 26, 2013

Tax Reform Risks Local Services, Tax Elections

Credit flickr.com/idiolector/
Do you pay your neighbor's son to mow your lawn? Under Gov. Jindal's tax plan, he may legally have to add a sales tax to his total. -But that's only if that service is approved to be taxed by the parish you live in, according to the state constitution.

Lawmakers from both sides of the aisle are voicing their skepticism of Governor Bobby Jindal’s tax overhauls. The forum this morning: an annual pre-session briefing hosted by the Louisiana Association of Business and Industry.

Jim Patterson of LABI kicked off the presentation with what he’s heard from legislators about their private talks with Governor regarding his still unreleased tax overhauls. "[Gov. Jindal] does want to conform the local sales tax base to the state tax base," Patterson said. "This will help local governments to absorb what are going to be some relegation of services by the state to them.


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State Budget 2013
3:01 pm
Mon February 25, 2013

Fiscal Hawks to Pick at Budget

The group of legislators that routinely opposes Governor Bobby Jindal's use of one-time money in his proposed budgets met over the weekend, and may soon have an alternate way to fund some of higher education's budget. 

Last year, the fiscal hawks proposed over $160 million of cuts to lower priority areas of the budget. Representative Kirk Talbot, a leader of the group, says those weren’t considered until the mid-year shortfall. They’ll try again this year.


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