After negotiations with Louisiana’s Democratic governor faltered – and with only about 15 minutes left in the regular legislative session – Republican lawmakers went ahead Monday night and passed a bill the business community claims could lower the price of auto insurance.
A minute after the regular session ended, legislators gaveled in for a 30-day special session to tackle the $30 billion operating budget that has come up about $900 million short, consider a string of tax breaks to help businesses struggling to recover from the coronavirus closings but will further hurt the state’s revenue picture, and, if necessary, attempt a veto override should Gov. John Bel Edwards choose to reject the Omnibus Premium Reduction Act of 2020.
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