Senate Bill 62

March 12, 2018

Session starts amid political tension

Louisiana legislators return to a politically fractured state Capitol for the start of a three-month regular session, where the state’s ongoing revenue crisis will remain unsolved as debates over education, health care coverage, gambling and the minimum wage will compete for the political spotlight.

Number of the Day

$6.8 billion - Total debt in Louisiana’s pension plan for state employees. Legislation filed for the upcoming session would create a “hybrid” plan for future state workers that includes a 401(k)-style investment account. (Source: The Associated Press)