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Hornets Tax Break
9:20 am
Wed May 30, 2012

Gov. Jindal Signs 10 Year Tax Break for Hornets

BATON ROUGE — Gov. Bobby Jindal has signed into law a 10-year, $37 million tax break for the New Orleans Hornets, part of the state's deal to keep the NBA team in Louisiana.

Jindal announced the signing Tuesday, in a list of bills that he agreed to enact into law.

The bill by Jefferson Parish Rep. Cameron Henry, a Republican, extends an existing tax break that saves the Hornets $3.7 million a year through Louisiana's Quality Jobs Program. The rebate will be extended through the 2024 NBA season.

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Louisiana Budget
9:32 am
Tue May 29, 2012

Senators Reverse Most of La. House Budget Cuts

BATON ROUGE, La. (AP) — The Senate's budget-writing committee refused to agree to deep cuts pushed by House Republicans for next year's $25 billion state operating budget.

Senators on the Finance Committee restored an estimated $350 million to next year's 2012-13 spending plans. 

Budget Cuts
1:54 pm
Mon May 28, 2012

Senators reverse most of House budget cuts

BATON ROUGE, La. — The Senate's budget-writing committee refused to agree to deep cuts pushed by House Republicans for next year's $25 million state operating budget.

Senators on the Finance Committee restored an estimated $350 million to next year's 2012-13 spending plans. They added back the one-time money removed by a bloc of conservative House Republicans, and they also tapped into available health care financing and plugged in further piecemeal dollars.

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