June 24, 2022

LBP statement on Supreme Court decision to overturn Roe v. Wade

Louisiana Budget Project Executive Director Jan Moller issued the following statement in response to today’s Supreme Court decision: 

The U.S. Supreme Court’s decision to overturn Roe v. Wade should serve as a clarion call to Louisiana policymakers to increase the support our state provides to low-income families and communities of color. … Read more...

June 3, 2022

Louisiana Legislature Votes by Overwhelming Majority to Pass Package of Student Loan Borrower Protection Bills

The Louisiana Budget Project (LBP) and Student Borrower Protection Center (SBPC) applaud the Louisiana State Legislature for passing House Bill 610 and House Bill 789, which will level the playing field for the state and for borrowers relative to the student lending industry.… Read more...

June 1, 2022

Groups praise governor’s veto of bill expanding predatory lending

Governor John Bel Edwards vetoed Senate Bill 381 on Tuesday night, legislation that would have expanded predatory lending in the state by legalizing larger loans with longer terms at triple-digit annual interest rates.

Statement from Davante Lewis, Director of Public Affairs and Outreach for the Louisiana Budget Project:

“Louisiana Budget Project applauds Governor Edwards for recognizing the harm that triple-digit interest debt traps cause working families.… Read more...

May 26, 2022

Groups call on governor to veto bill expanding triple-digit interest predatory lending

Community and advocacy groups are calling on Gov. John Bel Edwards to veto a bill narrowly passed by the state Legislature last week, with only high-interest lenders supporting it. Senate Bill 381 would expand triple-digit interest lending by legalizing larger payday loans with longer terms, the groups wrote, “thus making Louisiana’s payday lending problem even worse than it is.”… Read more...