Representatives from the state-established Louisiana Citizens Property Insurance Corporation told the State Bond Commission on Thursday that if they operated like a regular insurance company and another storm hit, they’ll be insolvent.
Louisiana State Police say a sport utility vehicle carrying Gov. Bobby Jindal was hit by a large truck, but the governor was not hurt.
State police said in a news release Sunday night that a second SUV swerved to avoid the large rental truck and then hit a utility pole. The release says the trooper driving that SUV had minor injuries, but no one else was hurt in the wreck that happened around 5 p.m. in Baton Rouge.
Governor Jindal’s tax overhauls, presented to the legislature Thursday morning, include nixing almost 200 exemptions, and tweaking a few others – like the Motion Picture Industry Development Tax Credit.
Some members of the industry are worried the incentives will be at risk during upcoming debate in the legislature.
Gov. Bobby Jindal and other state and local officials met with Texas Brine representatives on March 13. The company responsible for a giant sinkhole in Assumption Parish is sending appraisers to some evacuated homes in Bayou Corne on Monday.
The Governor said company officials will also meet with the State Attorney General’s office on Monday. He said Texas Brine owes state and local governments 4 million dollars, combined, for costs incurred dealing with the disaster.
Gov. Bobby Jindal went before the legislature Thursday to unveil his tax proposal. He wants to eliminate the income tax and says the state can make up the gap with a higher and more expansive sales tax.
The proposal would make Louisiana the state with the highest sales tax in the nation. Combined with local sales taxes, Louisianians would pay an average of 10.75 percent in sales tax. And the state would start taxing things that haven’t been taxed before – like landscaping, haircuts, and cable and Internet services.
Gov. Bobby Jindal evaded directly answering questions about whether he'll visit the site of a massive sinkhole that has swallowed nine acres of land in swampy Assumption Parish at an unrelated press conference Wednesday afternoon.
Some residents of Bayou Corne have been under a mandatory evacuation since August. They’ve publicly criticized the governor for having never traveled to see the sinkhole or speak with the families, according to the Associated Press.