Louisiana’s business voice, LABI, as well as the Louisiana Insurance Department each took a huge hit in the waning days of the recent legislative session. LABI, with the full support of Insurance Commissioner Jim Donelon, pegged legislation to supposedly reduce insurance rates in the state as the most important proposed legislation of the session.
BATON ROUGE, LA (February 20, 2019) – More than two dozen new laws permanently affect the taxes paid by small and large companies conducting business in Louisiana, ultimately leading to an additional $3 billion in state taxes over just three years. That startling statistic is one of many outlined in a summary released today by the Louisiana Association of Business and Industry (LABI), reviewing business taxes enacted in Louisiana since 2015.
Today at the Annual Meeting in Baton Rouge, the Louisiana Association of Business and Industry (LABI) formally announced its officers and Board of Directors for 2019, along with the members of the 2019 LABI Emerging Leaders Council, a group of distinguished entrepreneurs and young professionals. LABI is pleased and proud to be guided by some of the top leaders and talent from the Louisiana business community from every corner of the state.
It’s that time of year, once again for politics and business. Some say it's the business of politics. Others go with the politics of business. Nonetheless, they're here, this February, in Baton Rouge.
On Tuesday February 12, the largest Louisiana business organization holds its always-packed annual event. Later this month, the State of Louisiana is hosting the Governor's Economic Development Summit.
LABI, the Louisiana Association of Business and Industry, has bestowed honors upon the state's innovators and job creators.
On Tuesday, the Louisiana Association of Business and Industry (LABI) released the 20th edition of its Legislative Scorecard highlighting the leaders who voted for a solid foundation of policies that promote economic growth and job creation across the Pelican State.
For the greater New Orleans region, Sen. Conrad Appel (R-Metairie) and Reps. Patrick Connick (R-Marrero), Raymond Garofalo (R-Chalmette), Kirk Talbot (R-River Ridge), and Polly Thomas (R-Metairie) were named “Most Valuable Policymaker” (MVP) for earning a perfect score on major legislation that affected the state’s economy. Reps. Stephanie Hilferty (R-Metairie), Cameron Henry (R-Metairie) and Julie Stokes (R-Kenner) were named “LABI All-Stars” for scoring 90 percent or higher on legislation selected for analysis. Rep. Joseph Marino (I-Gretna) was given a “LABI Honorable Mention” for scoring 80 percent or higher on bills selected for the Scorecard analysis.
by Stephen Waguespack, President and CEO of Louisiana Association of Business and Industry (LABI)
In 1994, after two years under the Clinton administration and decades more toiling as the minority party in Congress, Republicans decided they needed a plan to better communicate with the American people and detail the specific actions they promised to take if they assumed leadership in Congress in the upcoming elections. They suspected their ideas would resonate with a country growing more conservative by the day, but they knew the President’s bully pulpit and rapport with the mainstream media made it difficult to get those ideas heard by voters around the country. They knew they needed a workaround. Thus, the Contract with America was born.
by Stephen Waguespack, President and CEO of Louisiana Association of Business and Industry
Every now and then, it is important to take the time to reflect on those who deserve some recognition and appreciation.
I for one feel blessed that I have a loving family, supportive friends and am surrounded daily by hardworking and talented coworkers. I want each of them to know how grateful I am for all that they do.
The last several months, we at LABI have worked daily with an army of elected officials and other dedicated public servants to try and solve the state’s policy challenges affecting Louisiana’s business community. While we agree with some and disagree with others, I want to say thank you to all of them for their commitment to Louisiana and their willingness to offer themselves up for public service.
by Stephen Waguespack, President and CEO of Louisiana Business and Industry
For almost three years, the state Capitol has been absolutely, positively one thing: chaotic.
The 6th special session during this time-period begins this week and will once again pit the Administration’s desire for tax revenue against the Legislature’s lack of consensus on that very topic. This plotline should sound familiar by now.
Louisiana Business shorts for today: Warner Brothers, Louisiana Economic Development Summit; Jefferson Chamber Legislative Agenda breakfast with Stephen Waguespack, Michael Hecht of GNO Inc: