Louisiana’s most recent plan to restore and protect its coast—at a cost of $50 billion—advanced Wednesday through the House Committee on Natural Resources and Environment.
In an effort to gain federal approval for a natural gas storage project in south Louisiana, Sempra LNG lobbyists crafted letters for Louisiana elected officials to send to federal regulators in support of the project.
Wells used to capture and store carbon produced in industrial processes don’t threaten freshwater aquifers and would be closely monitored for decades past their active use.
The state Senate passed a package of legislation Tuesday that would repeal Louisiana’s corporate franchise tax and offset lost tax revenue by slashing the Quality Jobs Program.
The NFIB’s state chapter has joined several other organizations in calling on the Louisiana Legislature to use the state’s budget surplus to “pass a responsible budget and provide meaningful tax relief to create more economic opportunity for Louisianians,”
The members of the coalition, some of whom met last week, are opposed to busting the state’s constitutionally created spending cap for the current fiscal year and the next. They view this tax relief plan as a responsible alternative.
State government made 1,156 loan agreements for an affordable housing program totaling more than $107.1 million with recipients who are not in compliance with program rules, the Louisiana Legislative Auditor’s office reports.