Thursday, 07 May 2015 17:24
Louisiana Higher education officials thank House of Reps for revenues
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lsuWith the House of Representatives approving over $670 million in revenues which includes taxes today in a major session at the capitol, the State's University leaders have indicated its approval with the statement below. 

 

However, the Louisiana Democratic Party believes the revenues raised were not adequate.  The Louisiana Senate would still be required to approve the revenue increase and possibly even more difficult, the Louisiana Governor has stated he would veto the budget if it increased taxes.

Louisiana Democratic Party blasts Jindal, Republicans; GOP House take credit

Statements from higher education leaders regarding revenue measures passed by the House of Representatives:

“The Board of Regents is grateful for the House of Representatives’ passage of several revenue measures which will provide a stable source of funding for higher education for FY 15-16.  This solution will protect the WISE Fund, preclude the downgrading of bond ratings, and provide a significant and sustainable solution to enhance the viability of our institutions.  We are optimistic that our friends in the Senate will continue the momentum started by the House to provide stable funding sources for state government and higher education.”

Joseph C. Rallo

Commissioner of Higher Education

Louisiana Board of Regents

“Today, the leadership and members of the Louisiana House of Representatives made a series of difficult decisions in an effort to prioritize our continuing workforce efforts.  Their work today will ensure opportunity for the people of our state and solidify a strong workforce for our industry partners.” 

Monty Sullivan

President

Louisiana Community and Technical College System

“The University of Louisiana system applauds the difficult votes that were cast in the House of Representatives today. We have great respect for the difficulty of the task ahead and will continue to support our legislative leaders.”

Sandra Woodley

President

University of Louisiana System

"We are grateful for the efforts of the House of Representatives on behalf of higher education and the state's future."

Ron Mason

President

Southern University System

“We are grateful to our state representatives for their courage and commitment to higher education. In moving forward so many revenue-generating bills today, they have provided us with real hope that solutions to the proposed budget cuts will be implemented and that LSU will be able to continue its mission of educating the next generation of leaders and providing solutions to the state's most pressing problems. We know that these are difficult decisions to make, and applaud all involved in pushing these bills forward to the next phase of the legislative process.”

F. King Alexander

President and Chancellor

Louisiana State University

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