From left, Louisiana Association of Business and Industry President Stephen Waguespack, House Speaker Clay Schexnayder and Senate President Page Cortez address LABI’s annual conference on Feb. 11.
GOP solons hope to find common ground with Democratic governor
Though they hold large Republican majorities, Louisiana legislative leaders on Tuesday pledged to address difficult issues with legislation the Democratic governor would be willing to sign.
Republicans hold a veto-proof majority in the state Senate and are two seats short of a two-thirds majority in the House.
“If we put ourselves in a position on all these bills to have to override vetoes, that’s not a good posture to put yourself in,” Senate President Page Cortez said.
Cortez and House Speaker Clay Schexnayder spoke at the Louisiana Association of Business and Industry’s annual meeting. Tort reform is at the top of LABI’s agenda this year, and both legislators said it was their priority as well.
Stephen Waguespack, LABI’s president and CEO, said some people have told him tort reform has little chance because Gov. John Bel Edwards, an attorney by trade, will veto the legislation.
“I think he’s going to keep an open mind on this,” Waguespack said of the governor.
An “omnibus” tort reform bill that supporters said could lead to lower auto insurance rates passed the House last year but died in the Senate.
The Senate is likely to be more conservative this year, and a similar bill has been proposed.
“The Senate wasn’t wired the same way last year,” Cortez said.
Schexnayder added if the legislature could get a bill to the governor’s desk, Edwards would hear from constituents who want change, just like legislators do.
Louisiana currently does not have an official revenue forecast on which to base an official budget. Schexnayder and Cortez have declined to accept a forecast from either of the state government’s top economists. Jay Dardenne, Edwards’ commissioner of administration, rejected a compromise estimate Schexnayder offered.
Cortez said after Tuesday’s panel that he expected the Revenue Estimating Conference to meet and agree to a revenue forecast by early April. The legislative session starts March 9.
Cortez noted that 0.45 percent of the state sales tax is scheduled to expire after the current term, and said lawmakers don’t want to leave the next class of legislators with a “fiscal cliff.” In the meantime, he said he wanted to explore spending more general fund dollars on roads and bridges rather than relying on surplus dollars or the gas tax that hasn’t been raised in decades.