The big picture: Economists from major research universities, the Federal Reserve, the U.S. Census Bureau and the International Monetary Fund will converge on LSU this Friday for the 2017 Midwest Macroeconomics Conference. The conference takes place May 19-21 at the E. J. Ourso College of Business Education Complex, and will feature two keynote lectures as well as presentations on more than 150 research papers. Participants will share research on topics such as U.S. monetary policy in the aftermath of the financial crisis, income inequality, financial globalization, bank expansion, and more. The conference is being hosted by the LSU Department of Economics. Get more information.
Paused: Insurance Commissioner Jim Donelon has issued an emergency rule that extends consumer protections for insurance policyholders affected by the August flooding. Emergency Rule 33 includes provisions of previously issued emergency rules that suspend the ability of insurers to cancel or terminate policies due to a policyholder’s inability to comply with certain policy provisions—like occupying a dwelling—during a state of emergency or after the flood. The issuance of the emergency rule comes on the heels of the announcement that the National Flood Insurance Program is extending the deadline to submit proof of loss forms until Sept. 1.
Out of time: Time is running out to file your 2016 Louisiana individual income tax returns. The deadline to file the returns is today. The Louisiana Department of Revenue recommends filing electronically for the fastest, most error-free return processing. Taxpayers who need more time to prepare their returns must submit their extension requests by the May 15 filing deadline to avoid late-filing penalties. An extension only allows more time to file a return, not more time to pay any taxes due. Tax payments submitted after the May 15 deadline are subject to penalties and interest. Get more information on the Louisiana Department of Revenue website.
