Economy

2013 Super Bowl bid depends on lease

From Nola.com: As the Saints look to bring the 2013 Super Bowl to the Superdome, the issue of the Saint’s lease with the state returns.

 

Underwriters set for Entergy Bonds

From the Advocate: State Bond Commission choose Citi, Morgan Stanley and JP Morgan to underwrite $1 billion in bonds to repair state’s energy grid from 2005 storms.

Scalise votes against suspending oil shipments to strategic reserves

From the Daily Kingfish: New First District Congressman is only La. delegation member to vote against move that would increase oil supplies and reduce fuel costs.

Panel to decide on tax phase out on Monday

From the Shreveport Times:

House looks ready to repeal income taxes

From the Advertiser

Bond Commission approves Entergy repair plan

From the Associated Press: Plan for lower utility rates approved after months of delay in a 9-3 vote.

Brown: Florida outshines Louisiana in Insurance reform

In the short list for vice president, two names that regularly appear are Louisiana Governor Bobby Jindal and Florida Governor Charlie Crist.  And as part of the discussion, there are naturally comparisons as to the economic progress being made in both states.  One area where Florida leaves Louisiana in the dust is in insurance reform. Read more

Entergy plan goes back to Bond Commission

From the Times-Picayune: Plan to lower consumer power rates gets yet another shot in front of the state Bond Commission.

Senate backs repeal of income taxes

From the Shreveport Times: In an unexpected development, a proposal by Senator Buddy Shaw to repeal Stelly Plan morphs into an all out repeal of state income taxes for ten years as an amendment by Senator Nick Gautreaux passes 19-18. 

Local groups fight for funds

From the Advocate: Speaker of the House Jim Tucker blasts budget requests while defending similar ones for his district.