We had a brief special session on propery insurance in February. The legislature agreed to give the insurance commissioner up to $45 million to use as "incentive" payments to entice more insurance companies to write in Louisiana. The state has seen many companies go bankrupt or leave due to regular storms. This incentive system had some success after Hurricane Katrina, and we hope it will again.
The 2023 regular legislative session begins on Monday, April 10, 2023. As this is a fiscal session, we are limited to five "general" bills - the rest will be fiscal-related. Stay tuned for the release of my bills in the coming weeks. I expect the session to focus on insurance, taxes, the budget, and unfortunately, a host of "red meat issues" since it's an election year.
Speaking of elections - the entire legislature is up for re-election this fall, as is every state-wide elected official such as Governor, Lieutenant Governor, Treasurer, etc. Since the current governor is term-limited, this will be a wild year.
And speaking of yet another special election - the runoff for House District 93 (right next door to me, which includes downtown/French Quarter/Treme) is Saturday March 25. I encourage you to look at Alonzo Knox, who is endorsed by VOTE, a group I work with frequently. Alonzo is a former marine who is the owner of Backatown Coffee. I also encourage you to read why VOTE is endorsing Alonzo.
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