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News & Press: Legislative & Regulatory

Legislative Report - Week May 11-15

Friday, May 15, 2020   (0 Comments)
Posted by: Crystal Carter
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As you may know, yesterday evening the Governor released his Executive Order to move Louisiana to Phase 1 here (May 15 – June 5): https://gov.louisiana.gov/assets/Proclamations/2020/58-JBE-2020.pdf

 

The Louisiana Legislature has just over two weeks remaining in the regular session which by law must adjourn on June 1.  Things are moving quickly. Legislation that has not yet passed its first committee and floor vote by next week will risk running out of time of final passage.

 

The Senate heard most of their priority bills this week and those have progressed to the House this week. Today the House is currently hearing 130 bills on the floor and hope to get through those today but they may have to work tomorrow if they are not able to get through the list today (House orders: here).  

 

There was several bills impacting pharmacy (by Rep. Jordan that we notified members about this week) scheduled to be heard in the Insurance and Health and Welfare committees,  but due to a very tight schedule and social distancing requirements using overflow rooms, these bills were not heard.  The bills are rescheduled for the coming week. 

 

The Budget and HB2 are being negotiated but it is likely that a special session will be needed in June to finalize the budget.  Louisiana budget revenues are projected to take a $1 billion hit as the coronavirus hammers the state's businesses and workers, according to economists that testified before The Revenue Estimating Conference, on Monday.   The Revenue Estimating Conference, a panel that decides how much money the state has to spend on things like colleges, K-12 schools, health care and a host of other state services, voted to adopt a revenue forecast that is about $1 billion lower than the previous forecast. 

 

We will continue to update you on matter relative to pharmacy. 

 

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