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Louisiana has enacted a new law called the Firearm Industry Nondiscrimination (FIND) Act, which prevents the state from conducting business with corporations that are considered unfriendly to the gun industry. This law is part of a larger trend seen in other states like Montana and Wyoming. Its purpose is to prevent banks from making false claims about their stance on firearms. The article also discusses similar attempts in Arizona and Oklahoma to protect specific industries, but these measures have faced obstacles and legal challenges. Critics argue that these laws may increase borrowing costs for governments by limiting competition. [Extracted from the article]

Former Sterlington, Louisiana Mayor Vern Breland has agreed to pay a $35,000 civil penalty and is permanently barred from future municipal securities offerings after providing false projections to the Louisiana State Bond Commission. The Securities and Exchange Commission (SEC) announced the settlement, which was agreed upon in July. Breland's municipal advisor, Aaron Fletcher, and his firm Twin Spires Financial, also faced penalties for their involvement in calculating false projections and failing to register as a municipal advisor. The SEC does not typically seek monetary penalties from municipalities, but Sterlington agreed to cease and desist from future violations. [Extracted from the article]

Endorsed by Donald Trump, Landry has fought against ESG precepts and has had several run-ins with the state Bond Commission over firearms and abortion issues. [ABSTRACT FROM AUTHOR]

Information on issues discussed during the roundtable discussion regarding the $989 million bond issue proposed by Mayor Kip Holden and what its failure says about the priorities of East Rouge Parish. The bond's defeat cause the postponement of its propositions including drainage, safety and traffic improvements and halt the economic development incentives and programs. The roundtable was participated by several company executives including Dyke Nelson, Brent Bruser, and Roy Fletcher.

The SEC alleged that Twin Spires and its owner Aaron Fletcher, along with the active participation and approval of then-Mayor Vern Breland, created and submitted false financial projections, "overstating the number of historical and projected sewer customers" to mislead the Louisiana State Bond Commission as to the town's ability to cover the debt service, the SEC said. Litigation against Breland will be conducted by William Hicks and M. Graham Loomis of the SEC's Atlanta Regional Office. The Securities and Exchange Commission has leveled fraud charges against Sterlington, Louisiana, its former mayor, municipal advisor Twin Spires Financial and that firm's owner in the sale of $5.8 million of municipal bonds between 2017 and 2018. [Extracted from the article]

Facing calls to disqualify six more underwriters from negotiated bond sales, the state Bond Commission opted to sell GOs competitively. [ABSTRACT FROM AUTHOR]

Body Louisiana came to market this week amid major volatility and rising oil prices with $121 million of bonds backed by gasoline and fuel taxes. Moody's said the bonds "benefit from strong legal provisions that include constitutional protections of revenues for transportation purposes, no appropriation risk, and healthy current coverage by pledged revenues. [Extracted from the article]

State Treasurer John Schroder, a Republican, said during the state bond commission meeting that the group wouldn't consider an agenda item allowing for the refinancing of gasoline- and fuels-tax bonds that JPMorgan was slated to underwrite. On Thursday, a Louisiana panel delayed the approval of a $700 million state bond sale set to be underwritten by JPMorgan Chase as the attorney general pushes for information on the bank's policies on gun control. [Extracted from the article]

The Louisiana State Bond Commission will refinance $424 million of variable-rate bonds; the deal isn't expected to include the termination of underwater swaps. [ABSTRACT FROM AUTHOR]

Attorneys for the State Bond Commission said the lawsuit was filed too late and there was no violation of law. [ABSTRACT FROM AUTHOR]

The governor approved a law authorizing the state to issue bonds to finance transportation projects backed by Deepwater Horizon settlement revenue. [ABSTRACT FROM AUTHOR]

The State Bond Commission barred the banks from upcoming Garvee bond deals, and said its action may apply to other state bond issues. [ABSTRACT FROM AUTHOR]

The Louisiana State Bond Commission will refinance $424 million of variable-rate bonds; the deal isn't expected to include the termination of underwater swaps. [ABSTRACT FROM AUTHOR]

The Louisiana State Bond Commission authorized four bond issues, and was updated on market volatility created by the COVID-19 pandemic. [ABSTRACT FROM AUTHOR]

Attorneys for the State Bond Commission said the lawsuit was filed too late and there was no violation of law. [ABSTRACT FROM AUTHOR]

The governor approved a law authorizing the state to issue bonds to finance transportation projects backed by Deepwater Horizon settlement revenue. [ABSTRACT FROM AUTHOR]

The State Bond Commission barred the banks from upcoming Garvee bond deals, and said its action may apply to other state bond issues. [ABSTRACT FROM AUTHOR]

Like most government housing programs, closing a loan under the state's LouLease program requires diligence and completing a stack of additional paperwork. That could be why only a handful of mortgage companies are working with the approximately 8-month-old program, which allows qualified homebuyers to lease property for 39 months and then own it. LouLease, launched in New Orleans, Louisiana in April, is using $50 million in state bond money to provide homebuyers with 6.5% of the property value toward down payment and closing costs.

Investors who bought $114 million of debt sold by Louisiana State University on Wednesday were warned about the state's fiscal struggles. Officials at the Baton Rouge-based school said they plan to draw up a financial exigency plan, equivalent to college bankruptcy, in the wake of $608 million in budget cuts proposed by Governor Bobby Jindal. [Extracted from the article]

The article reports on the approval of the $4 million in Gulf Opportunity Zone bonds by the State Bond Commission for a Robert Fresh Market grocery store in the redeveloped Acadian Village Shopping Center at Perkins Road and Acadian Thruway in Baton Rouge, Louisiana. The Commercial Properties Realty Trust is redeveloping the Village which used to be home of Wal-Mart Stores Inc. and Books-A-Million Inc. An Ocme Oyster House restaurant will be first stage of the redevelopment.

The article reports on the failure of New Orleans to acquire $7 million in state money to finance the restoration of The Milne Boys Home, a city-owned historical community center for young men, in Louisiana. According to John Davis, budget administrator for the Facility Planning Office, the city did not ask for a line of credit on the appropriation and so the state Bond Commission did not allocate one.

The article focuses on the approval of the State Bond Commission on projects worth $400 million in New Orleans, Louisiana. About $180 million was approved for the MSP Project, a rehabilitation or construction of three mixed-use developments. Funding for Waldorf-Astoria Hotel rehabilitation has amounted to $95 million. The Federal City project in Algiers was awarded $15 million.

The article offers the New Orleans, Louisiana news briefs. Operation Full Stop, a program which is designed to reduce Formosan termite infestations in Louisiana is making progress. The Louisiana State Bond Commission has approved $633 million in project funding for New Orleans area. Donald Powell, federal coordinator of Gulf Coast recovery states that the port of New Orleans is vital to the U.S. and the city itself.

The article offers U.S. news briefs. The Board of Commissioners of the Port of New Orleans has approved for about $2 million in projects and repair work. A building will be refurbished this month as temporary offices for the New Orleans Police Department's Fifth District. The New Orleans City Mayor, C. Ray Nagin, believes that the bond sale will serve as a solution for the hurricane recovery plan.

Several letters to the editor are presented including a state bond guaranteed by the federal government that all land purchases in New Orleans, Louisiana below three feet in elevation and the need of the U.S. President George W. Bush administration, the Senate, and the House of Representatives to exercise fiduciary responsibility and power to rebuild New Orleans.

The article offers news briefs in Louisiana. The consortium of Westinghouse Corp. and Shaw Group Inc. has been selected by the Chinese government to build four nuclear power plants, a move that will create engineering jobs in Baton Rouge. Cathy Arends has been named a state semi-finalist in the Volvo for Life Awards. Plaquemines Parish officials are asking the State Bond Commission for $600 million in revenue bonds to build an ethanol refinery near Braithwaite.

The article discusses about the political and social impact of Hurricane Katrina in Louisiana. According to demographer Elliott Stonecipher, the impact of the hurricane in politics is greater than the Mississippi River flood of 1927. Meanwhile, Katrina has made a boom in the construction industry. Revenue bonds of Gulf Opportunity Zone amounted to 7.9 billion dollars, grants the state government 3.5-4.5 percent to private companies.

Discusses the move of the Louisiana state government to sell its tobacco-settlement bonds. Uses of the proceedings of the bond sale; Reasons for the decision of state governments involved in the national tobacco settlement to sell their tobacco settlement bonds; Amount of the Louisiana tobacco bonds.

Reports on political developments in New Orleans, Louisiana as of October 15, 2001. Impact of low interest on the state's bond sale of 60 percent of the revenue stream from the settlement of the tobacco lawsuit; Negative impact of legislator John Cooksey's comments on Arabian people on his polling data.

Louisiana will pre pay revenue anticipation notes due to a pick-up in revenue collections. [ABSTRACT FROM AUTHOR]

Louisiana now pegs its official mid-year deficit at $304 million, a number that is complicating the state's ability to issue new debt. [ABSTRACT FROM AUTHOR]

The article reports on the efforts of the Louisiana State Bond Commission to allocate the state's remaining capacity of Gulf Opportunity Zone bonds by awarding 91 million dollars of the tax-exempt bonds. According to director Whit Kling Jr., the available capacity was about 160 million dollars. However, he added that a minimum of 220 million dollars of allocations issued in a drawdown mode would be returned to the available pool.

The article reports on the approval by the Louisiana State Bond Commission of a 30 million U.S. dollar state funding for the direct-reduced iron project of Nucor Corp. Loans valued at 600 million U.S. dollars were also approved by the commission. According to Nucor Chief Financial Officer (CFO) James Frias, the bonds are highly flexible debt instruments that provide interest rate benefits.

Louisiana's fiscal problems require that the state alter how it prioritizes capital outlay projects, particularly those financed with state bonds, said Commissioner of Administration Jay Dardenne. [ABSTRACT FROM AUTHOR]

The Louisiana State Bond Commission approved a $600 million general obligation refunding Thursday that will delay $81.6 million in bond payments this fiscal year and $30 million in fiscal 2017. [ABSTRACT FROM AUTHOR]

The article reports on the move of Louisiana to avoid $75 million of a potential $120 million in swap termination fees on a delayed issue of $485 million of fuels-tax revenue bonds with a reconfigured structure. It mentions that the State Bond Commission approves a plan to issue $200 million of 35-year variable-rate bonds on May 1, 2009. Moreover, it states that the sale of the bonds will eliminate swap termination fees on the 62.5% share of the fixed-to-floating interest rate swap in 2006.

The article reports on the approval of the Louisiana State Bond Commission to use more than $1 billion in general obligation (GO) bonds to finance high-priority projects in the state. According to Whitman Kling, director of the Bond Commission, the move is the first state approval to issue GO debt for capital outlay purposes since September 2006. Although the authorization is for $1.2 billion in GO bonds, the state intends to issue only about $500 million of the debt in a sale set for late 2008.

The article reports on the revised business plan for the construction of the proposed medical center in New Orleans, Louisiana. The proposed facility is worth $1.2 billion in which the Louisiana government is the primary source for the funding of the bond-financed project. The revised business plan is to be operated by the Louisiana State University. The 424-bed medical center is described as one of the 10 state hospitals that offers indigent care and serve as the center for medical education.

The article reports on the appointment of Citigroup Inc. as senior underwriter and book-runner of the $1.01 billion revenue bonds to be issued by the Louisiana Public Facilities Authority. The money is used to reimburse the cost of electrical systems delivered by Entergy Louisiana LLC and Entergy Gulf States Inc. during Hurricanes Katrina and Rita in 2005. The bond is supported by a 10-year electric surcharge on electric customers in the state.

The article reports that the sponsor of a proposed film studio complex in West Baton Rouge Parish that received an allocation of Gulf Opportunity Zone bonds in early 2007 from the Louisiana State Bond Commission is suing the agency after being denied an extension of its $250 million bond allocation. The suit alleges the commission adopted the rule without the required public notice, making it illegal.

The article reports that Louisiana State Bond Commission approved the $2.4 billion for the Gulf Opportunity (GO) Zone bond projects. These projects include about $70 million in New Orleans and Jefferson parishes and $1.7 billion in other areas, such as parish expansion and residential and commercial developments. The Commission would not award GO Zone bond authorizations from the remaining capacity not until March 2008.

The article reports on the approval of the Louisiana State Bond Commission on the request of New Orleans to use bond money to acquire land for new Veterans Administration (VA) hospital. A $300 million bond issue was approved, however, the commission refused to approve the city's request to use some $50 million of the proceeds to purchase land downtown for the new VA facility.

The article reports that the Louisiana State Bond Commission (SBC) is facing restriction on the allocation of funds to Gulf Opportunity (GO) Zone bonds. Louisianian Governor Kathleen Blanco disapproved application for SBC GO Zone funds, as it was nearing $7.9 billion amount. It is noted that these bonds are for the Hurricane Katrina victims and are under tax exemption. However, it is uncertain whether Governor Blanco will approve the GO Zone Bond or not.

The article reports that Louisiana lawmakers have been reviewing the bill authorizing a controversial tobacco bond sale and another legislation that would change the governance of the State Bond Commission. On June 26, 2007, lawmakers have received an update from the people who are working on the plan that would allow the state to issue up to $3.1 billion of tobacco bonds to securitize the remaining 40% of its national tobacco settlement revenue and refinance the outstanding tobacco bonds.

The article reports that the Louisiana State Bond Commission has approved more than $2 billion of debt requests. The $1 billion revenue bond deal will be used to finance the construction of a gasification plant, while the remaining $1 billion will be used for Marathon Oil Co. to expand its facilities. Meanwhile, Director Whit Kling of the State Bond Commission announces that $6.6 billion in Gulf Opportunity Zone applications have been approved.

The article reports on the approval to sell up to $1 billion of the Gulf Coast Opportunity Zone revenues bond by the State Bond Commission in Louisiana. The bonds will be issued by St. John the Baptist Parish Council for the expansion of existing oil refinery facilities of Marathon Oil Co. It is accounted that the revenue bonds could be issued as a fixed-rate or variable-rate bonds which in turn could be converted to other interest modes.

The article reports that bonds of Gulf Opportunity Zone worth $317 has got the approval of the Louisiana State Bond Commission. The money will be invested in the film studio projects. Other than this, debt requests from various issuers of more than $800 million has also been approved by the commission. The Louisiana Community Development Authority has decided to issue $250 million of tax-exempt revenue bonds to build a studio facility in West Baton Rouge Parish.

The article reports on the approval of the Louisiana State Bond Commission to grant $1.5 billion bond requests for residents whose homes were affected by hurricanes in Louisiana. Occupants of the state are allowed to make loans to aid in the reconstruction of damaged properties and belongings. It has been noted that Louisiana Housing Finance Agency will issue $150 million of mortgage draw-down revenue bonds and $100 million for housing purposes.

The article reports on the preliminary and final approval issued by the Louisiana State Bond Commission on the requests from applicants wishing to use some of the 7.9 billion dollars of private-activity bonds that the state has at its disposal as a result of the federal Gulf Opportunity Zone legislation. The approval was issued on April 20, 2006, which amounted to almost 357 million dollars.

The article reports that the Louisiana State Bond Commission has approved debt requests to deal with costs associated with Hurricane Katrina. The commission was briefed on the available options for the debt requests under the Gulf Opportunity Zone Act of 2005. Whitman Kling, director of the State Bond Commission, asserted that under the act, the state can only issue up to 7.9 billion of the bonds.