Louisiana

Louisiana tax collections will be $129 million more than had been expected this year with another $155 million in fiscal 2014.

St. Tammany Parish schools in Louisiana will see renovations and upgrades funded with proceeds from $135 million of bonds approved by voters last week.

Louisiana will refund $303 million of gasoline and fuels tax revenue bonds this week to avoid $110 million of swap fees on the variable-rate debt.

Louisiana Gov. Bobby Jindal urged lawmakers to reject a plan to balance the 2014 budget with spending cuts and curtailed tax credits.

The Louisiana Senate has sent a bill to the House authorizing $252 million of off-the-book lease revenue bonds for the community college system.

Louisiana will avoid $110 million in swap termination penalties with a $303.1 million refunding on May 16 approved by the State Bond Commission.

Citi will serve as senior underwriter on Louisiana's $823 million restructuring of tobacco settlement revenue bonds, with up to $100 million of upfront savings.

Louisiana Treasurer John Kennedy is critical of a plan to use savings from an $823 million refunding of tobacco settlement bonds to bolster the fiscal 2014 state budget.

Louisiana will extend its dwindling capital outlay escrow account for another few months with Tuesday's competitive sale of $300 million of state general obligation bonds.

Lawmakers rejected a $500 million cut in the fiscal 2014 budget measure intended to smooth the plan's passage in the full House.

New Orleans Aviation Board will build a smaller but more efficient passenger terminal with proceeds from $475 million of airport revenue bonds.

DALLAS – Louisiana will avoid swap termination fees through a $307 million refunding of gas and fuels tax bonds authorized by the State Bond Commission.

New Orleans Aviation Board unanimously adopted an $826 million airport modernization effort financed in part with $267.5 million of revenue bonds.

The failure of Gov. Bobby Jindal's plan to exchange the state income tax for a higher sales tax should not mean an end to the effort to terminate the tax, Treasurer John Kennedy said.

Louisiana State Bond Commission will consider a request for $1.25 billion of solid waste disposal facility bonds for a fertilizer complex in Pointe Coupee Parish.

Legislative efforts to phase out Louisiana's income tax were tabled on tax day over fears the bills would not pass.

Louisiana Gov. Bobby Jindal said he is open to all options to eliminate the state income tax sooner or later.

New Orleans has been ordered to pay $17.5 million plus interest to the city firefighters' pension fund for its 2012 obligations.

Louisiana Gov. Bobby Jindal ended his quest to swap the state income tax for a higher sales tax rate Monday as the Legislature convened for a two-month session.

Louisiana legislative leaders abruptly canceled a hearing on Gov. Bobby Jindal's sweeping changes to state tax policy until their own experts can analyze the fiscal impact of his proposal.