Video & Transcript Research : 'Joint Legislative Budget Committee'

Page 5 of 500
TX
Transcript Highlights:
  • Committee.
  • committee.
  • We had budgeted $18 billion in the last legislative session.
  • I'm a member of the Finance Committee on this committee.
  • According to the Legislative Budget Board, the cost of the tax cuts since HB 3 in 2019, along with the
Bills: SB4, SJR2, SB 4, SJR 2
LA

Louisiana 2026 Regular Session

House and Governmental Affairs May 12th, 2026

House and Governmental Affairs

Transcript Highlights:
  • This is the House and Governmental Affairs Committee.
  • The global reinsurance industry is based in London, and several legislators have made trips to London
  • Committee, and there is a set of technical amendments for this bill.
  • So when I was creating that, staff came to me and said there is a joint rule repeal.
  • I've tried several bills in that particular committee. Well, Rep.
Summary: The House and Governmental Affairs Committee met on May 12 with a quorum present and took up several measures. It first heard HCR 74, which would establish a Louisiana-United Kingdom Trade Commission modeled after the existing Louisiana-Ireland commission. The author said the commission would serve as an umbrella group to promote exchanges in trade, academics, financial services, economic development, and the arts, with no compensation for members. After brief questions and supportive testimony from a member familiar with the Ireland commission, the committee reported HCR 74 favorably. The committee then considered SCR 38, which repeals Joint Rule No. 7 related to the Atchafalaya Basin Program Oversight Committee. The author explained that the repeal was tied to a separate study commission on Atchafalaya Basin water quality, aimed at addressing sediment buildup, stagnant hypoxia, and harm to the fishing industry. Members discussed sediment management and water quality concerns, and the committee adopted a technical amendment to the title before reporting the resolution favorably, as amended. Finally, the committee began hearing Senate Bill 495 on campaign finance disclosures. The author described a series of changes, including raising the threshold for unitemized individual contributions to $200, adjusting when a PAC is considered to be participating in an election, extending the annual report deadline from February 28 to March 15, and allowing leadership PAC funds to cover replacement or repair of items damaged in connection with public office. The transcript cuts off during the bill presentation, so no final action on SB 495 is shown.