Capitol Views by Maginnis: House to reconsider pension bill
The House is scheduled to reconsider its action Tuesday on a retirement bill that turned a 401(k)-type plan into enrollment in Social Security for new employees. After a lengthy debate, an amendment to enroll new employees in Social Security, instead of setting up a "cash balance" plan, surprisingly was adopted. But House members later said there was confusion during the debate, and that some legislators thought they were voting for final passage on the initial House Bill 61. When the amendment was adopted, author Rep. Kevin Pearson, R-Slidell, returned it to the calendar with the intention to reconsider it today. Sen. Elbert Guillory, D-Opelousas, who will present a set of the more controversial retirement measures Thursday in the Senate, watched the debate from the back of the House chamber. Legislators figured that if Pearson's less controversial bill could not pass, bills to raise employee contribution and the retirement age would be in big trouble. Guillory has said he would bring up his bills on Thursday or next week, as he and the administration continue to modify them. In two unrelated votes, a panel today OK'd excluding some professionals from the state's ethics code, and an effort to shorten polling hours in the state failed. Read all about it in the full column here.
(John Maginnis will publish a daily update throughout the legislative session on Daily Report PM. The report is also available to LaPolitics Weekly subscribers on the Subscribers Only page at LaPolitics.com. Registration is available on the homepage.)
Louisiana Public Broadcasting is providing a daily video update featuring highlights of the session, which you can see beginning at 6 p.m. here.
comments powered by Disqus
News roundup: Final Sasol permits approved… Symphony names new president and executive director… Rig count up by 18
Level buys 21 Rouzan lots for $1.43M
Will EPA Kill Texas’ Energy Revolution?