The recent 2019 Louisiana Legislative Session was largely uneventful for the business industry in the state, but for those in the truck logging industry the lack of movement means a harder battle for truckers.
With the poor state of Louisiana’s judicial system, high taxes and litigious culture, the 2019 gubernatorial election offers promise in its potential to bring about some much-needed changes and relief for residents.
For a number of years, Louisiana has flirted with the top ranking for the nation’s "worst Judicial Hellhole," and it is not without good reason as insurance abuse, lawsuit culture and high taxes make the state a challenge to live in.
With close to half of the state's 105 House seats open this October due to term limits, the Louisiana Oil and Gas Association see an opportunity for advancing reforms and plans on educating voters on reform-minded candidates.
The recent legislative session has been a popular topic of discussion for think tanks and reform groups in Louisiana, as there was a number of both good and bad bills alike that were killed and passed.
Currently, gas is taxed at 20 cents per gallon. Four cents goes to transportation infrastructure and the remaining 16 cents goes to the Department of Transportation and Development, of which only 1.56 cents goes to roads and bridges. While some leaders are pushing for an increase in the gas tax, Graves is advocating for gas tax reform, saying that reform can bring improvement to the roads without hiking taxes.
BENTON – In an article posted on shreveporttimes.com, Robert Mills, who is running for the state Senate in District 36, said lawsuit abuse cost the nation $429 billion, with Louisiana’s portion, $7 billion, making up one of the largest percentages of any state.
According to a report featured by the Louisiana Lawsuit Abuse Watch, Louisianans have been exposed to more than 250,000 ads for litigation-related services in the last half of 2018, a number that the organization believes is too high.
The general counsel for the Pelican Institute for Public Policy believes the issue of state court vs. federal court should take a back seat to the holistic damage coastal litigation cases are inflicting on the state’s fragile business climate.
Tyler Gray, president and general counsel of the Louisiana Mid-Continent Oil & Gas Association, believes the forum shopping by plaintiffs within the legal system is a flawed strategy that will only end in more damages to the state’s business climate and residents.