March 16, 2020 •
Louisiana Prepares Spending Package for Coronavirus Concerns
Louisiana State Capitol
Louisiana lawmakers plan to create a contingency package of spending bills in case coronavirus concerns threaten to derail the session. Under the constitution, the legislature is required to pass a balanced budget before the fiscal year ends on June 30. […]
Louisiana lawmakers plan to create a contingency package of spending bills in case coronavirus concerns threaten to derail the session.
Under the constitution, the legislature is required to pass a balanced budget before the fiscal year ends on June 30.
Ordinarily, legislators don’t pass a state budget until the final hours of the session, which must end this year by June 1.
The state’s Revenue Estimating Conference has not yet settled on an official revenue projection.
The purpose of the projection is to dictate how much a lawmaker may spend.
Both the House and Senate remain on schedule to debate the budget and all other legislation.
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