[{"_1":2,"_110":-5,"_111":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,87,98],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",5979866,"mediaKeyId","5808706-dae8ee4573f2a7a071e9f3cf94dc1f04","parentId",5808706,"title","Treasury reports negative general-fund cash and interfund borrowing details; no action taken","audioSeconds",50,"startMs",322000,"endMs",372000,"viewUrl","/Search/View?dp=1&key=5808706-dae8ee4573f2a7a071e9f3cf94dc1f04&start=322&end=372","thumbnailUrl","https://assets.pipeline.soar.com/5808706-dae8ee4573f2a7a071e9f3cf94dc1f04/thumbnail_322000.jpg","articleUrl","/articles/5979866/Louisiana/Treasury-reports-negative-general-fund-cash-and-interfund-borrowing-details-no-action-taken","mediaUrl","https://secure.pipeline.soar.com/5979866-d741fe61f3bc2b62a3811d1ffe370c20/orig.mp4?Expires=1771158615&Signature=k4TSlVcbpONaXMxwSG-OwqeHSbiFnigCGhEyke77RK4Nz~MmFqPbt5A1hMQ29HRq1UdvYOOmoeIfGzMGgwLylMqpmFO7A~Ua47oWYtPcjJJknwbdyQeE1wlEvr83nnxCTVw4Tk7EGllGF0F0ep~PeZQ~ogcRf9v31nG9Z7dpYJLDke1FnwVpOfzgdBbuSNS08y7I~ST7wmVzL1dE4S~xgRDso8e6rBecydC~ZXaeCVOopAs7VsvRLyhhFZjSAbF7kSiIwRfzdM2iqVdnn-XmoBm6f5h-vq~KBiFtRs7wfug6UOo4rCfNGN0yCA2AZfleq8YABUAMNc4GhPg-duD6zw__&Key-Pair-Id=KUT5TJCACFTXG","author","Louisiana Legislature","date","2025-09-18T00:00:00Z","article","A representative of the State Treasury presented the interfund borrowing status report to the Revenue Estimating Conference and said that, \"as of September 14, the state is currently operating, general fund cash in the negative of approximately 561,800,000.0.\" The presenter said that at the close of fiscal year 2025, a total of 851,900,000.0 was moved out of the general fund \"per the constitution from corporate franchise and individual income taxes.\" The presenter also reported the state's interfund borrowing base was 10,100,000,000.0 and referred participants to packet graphs showing monthly and daily general fund cash comparisons.

No motion was necessary or taken on the report; President Henry moved to adjourn later in the meeting. The transcript does not record questions or further discussion about borrowing mechanics, the constitutional provision cited, or steps to address the negative cash position. The presentation was informational and recorded as part of the conference's agenda; no roll-call votes or directives were recorded.","mediaType","Video","parentTitle","House Revenue Estimating Conference Sep 18, 2025","oneSentenceSummary","A state treasury representative told the Revenue Estimating Conference the general fund cash balance was approximately negative $561.8 million as of Sept. 14 and reported $851.9 million moved out of the general fund at the close of fiscal 2025; the conference received the interfund borrowing status report and took no formal action.","taxTitle","2025 Legislature LA, Louisiana","taxId",78558,"location","Louisiana","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":46,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},5979869,"State treasurer certifies budget stabilization fund balance of $1.23 billion; conference records transfer details",132,240000,"/Search/View?dp=1&key=5808706-dae8ee4573f2a7a071e9f3cf94dc1f04&start=240&end=372","https://assets.pipeline.soar.com/5808706-dae8ee4573f2a7a071e9f3cf94dc1f04/thumbnail_240000.jpg","/articles/5979869/Louisiana/State-treasurer-certifies-budget-stabilization-fund-balance-of-123-billion-conference-records-transfer-details","https://secure.pipeline.soar.com/5979869-468e9e3a786d40d1b130f180cafdba02/orig.mp4?Expires=1771158615&Signature=FU3Zxgv8TN4QXRomSwHVh672nh2hv4yQqLkQQdLTapuYuH~N-fabxi1T1bFvzULbIPynoL5Oq0Yj1PT32slTWCk7L-3sneqLbO41tdI4K0aBRdvW2Yhj9~~YOCb0nI6CHJ32EAuxrZZoI2SO7O7pmbSGlUyKUTXuBL48nNOAxCLDT9Lqav5oBQinkqryXutdvio-NNmX~9kCufhIWUZdawBFCn6x~s69thbL1twjGUZh5AvHVOsTQW9lQPHv9ooPU64s1trDj0PDvNLWZJzcG5NlA-46YrGG-9nnPbmvPsx3u4bJwQvAVkVspPG3lciEl1H40WIeSdaNsVJcT7NoYw__&Key-Pair-Id=KUT5TJCACFTXG","Katie O'Connor of the State Treasurer's Office reported the balance of the budget stabilization fund as of July 1 for fiscal year 2026 and the Revenue Estimating Conference certified the balance as required by Revised Statute 39:95. O'Connor reported the balance as \"$1,226,570,941.74\" and said approximately $148,000,000 was transferred into the fund from the State General Fund representing nonrecurring FY 2024 surplus. She also said approximately $20,200,000 of interest earnings was deposited into the fund during the fiscal year and that one-third of the beginning balance for the fiscal year beginning July 1, 2025, is $408,856,980.58.

President Henry moved to certify the budget stabilization fund balance in accordance with Revised Statute 39:95; the motion was seconded by Commissioner Barraz and recorded in the transcript as having \"no objections.\" O'Connor answered a procedural question from President Henry about whether the reported balance was the highest on record; she said she would check with her office and follow up.

The certification is the formal statutorily required reporting of the fund's balance; the transcript contains the reported dollar amounts and the procedural adoption but does not include additional debate or roll-call vote tallies.","Katie O'Connor of the State Treasurer's Office reported the budget stabilization fund balance and the Revenue Estimating Conference certified the balance as required by state statute; the treasurer's office said one-third of the beginning balance for FY 2026 is $408,856,980.58.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":46,"_47":92,"_49":93,"_51":94,"_53":95,"_55":56,"_57":58,"_59":96,"_61":62,"_63":64,"_65":97,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},5979874,"Revenue conference adopts revised incentive-expenditure forecast after brief presentation from revenue secretary",163,209000,"/Search/View?dp=1&key=5808706-dae8ee4573f2a7a071e9f3cf94dc1f04&start=209&end=372","https://assets.pipeline.soar.com/5808706-dae8ee4573f2a7a071e9f3cf94dc1f04/thumbnail_209000.jpg","/articles/5979874/Louisiana/Revenue-conference-adopts-revised-incentive-expenditure-forecast-after-brief-presentation-from-revenue-secretary","https://secure.pipeline.soar.com/5979874-ae9a96b9393d4d0014eda463175b8895/orig.mp4?Expires=1771158615&Signature=CxvbYnkZxGenoipmOxwAffQKpuCKEhfhxCjJZ~Fxtw1h1Jlji6Hdh3LGrDSQpBbWInAW2sq9u7HphSof0mXrKu5rze4QCCYL5Q58EsIup5MlESbHUW3HwhQtgsgkhCQByvpuh2wGBicRzXpEMuj5GeEojl0akRTTloEybHKZdL-PVXBg-2PPwWHdNKBa~1mb~aWIqFT7VQ5vJZlfNcA7J5cRi2NlDLDIBPe~J905Lq18y~F9eYmqpibGxMkmTLNBeWSi1CEvWYxf7ZiovEROYvOQQGFpHqZ4nLgt5x4UjMfwdnvEL9rxosMKwVChaNTJ6-buyYjbkCvpqOAtBTdorA__&Key-Pair-Id=KUT5TJCACFTXG","Richard Nelson, Louisiana secretary of revenue, appeared before the Revenue Estimating Conference on Monday to present the revised incentive-expenditure forecast and said he was available to answer questions. After the presentation, President Henry moved to adopt the revised incentive-expenditure forecast; the motion was seconded by Commissioner Barraz and adopted without objection.

The transcript records only the announcement of Nelson's availability to answer questions and the subsequent motion to adopt; no substantive debate or fiscal figures for the incentive forecast were recorded in the meeting transcript. The action was recorded as a formal adoption of the revised forecast; no additional implementing directions or vote tallies were provided.","Richard Nelson, secretary of revenue, presented the revised state incentive-expenditure forecast and the Revenue Estimating Conference adopted the revision without objection.",{"_33":99,"_35":36,"_37":38,"_39":100,"_41":101,"_43":102,"_45":103,"_47":104,"_49":105,"_51":106,"_53":107,"_55":56,"_57":58,"_59":108,"_61":62,"_63":64,"_65":109,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},5979880,"REC adopts unemployment trust fund projection; secretary says it will allow tax cuts and benefit increases in 2026",222,16000,238000,"/Search/View?dp=1&key=5808706-dae8ee4573f2a7a071e9f3cf94dc1f04&start=16&end=238","https://assets.pipeline.soar.com/5808706-dae8ee4573f2a7a071e9f3cf94dc1f04/thumbnail_16000.jpg","/articles/5979880/Louisiana/REC-adopts-unemployment-trust-fund-projection-secretary-says-it-will-allow-tax-cuts-and-benefit-increases-in-2026","https://secure.pipeline.soar.com/5979880-c3d94edd1116d01f0e5b59cfc338689a/orig.mp4?Expires=1771158615&Signature=e8W5QqaOWQdgkOUyTE328hjCI2q2SSbQjXiwM643xr~lMg3tYEqArHrb2gBbwlrmQlROVhMZwI6ivLp7txMU8a84Nl9GRcXjyJn0dM40P5eHTXp2sFWFpM0ujmzzwB5qO8UFgAEUnyEtj-XlJl-rzfvlochhtD-vqmrkhy-qoFmAYk31cM9Eb19jnpRB3P5obYcuTKFO7CXkfVDutx3N4sqn9OZp2l3OBYcdgn8Pt7JcqYV94uG5mPgDXK7MobWv7DtatjzKU8KCLF9wx5T7Jlq87~uNAJvjVs8Iml52JZTMiOxGUDGzyfyLx~eA-pacpTa6FY50~hwCZO4rpPoe4g__&Key-Pair-Id=KUT5TJCACFTXG","The Revenue Estimating Conference on Monday adopted the official projection of the Louisiana unemployment compensation trust fund balance after a presentation by Susie Shawen, secretary of the Workforce Commission. Shawen told the conference the projection \"will allow us to lower employer taxes and raise benefits to the public, effective 01/01/2026.\"

Shawen said statute requires the Workforce Commission to present the projection and that LSU representatives who prepared the forecast were available to answer questions. She reported what the transcript records as a projection she stated as \"$1,196,614.00 $2.06.\" Shawen credited legislative action and her team's efforts in fraud prevention and other measures for the result.

President Henry moved to adopt the projected balance in the unemployment compensation fund in accordance with Revised Statute 23:1474; the motion was seconded by Commissioner Bauhner and adopted without objection. The action was recorded during the meeting's agenda item on the unemployment trust fund projection.

Discussion centered on the forecast presentation; there were no recorded questions in the transcript before the motion was made. Shawen identified accompanying staff as Undersecretary Jamie Tyroff and Deb Terrell and noted LSU representatives were present to provide technical detail if needed. The adoption is a formal, procedural approval of the projection required by statute; the conference did not record additional implementing steps during the meeting.

The presentation and formal adoption were confined to the single agenda item; no vote tallies beyond the recorded \"without objection\" were provided in the meeting transcript.","The Revenue Estimating Conference adopted the official projection of the Louisiana unemployment compensation trust fund balance after a presentation by Secretary Susie Shawen of the Workforce Commission; Shawen said the projection enables lower employer taxes and higher benefits effective Jan. 1, 2026.","actionData","errors"]

Article not found

Treasury reports negative general-fund cash and interfund borrowing details; no action taken

State treasurer certifies budget stabilization fund balance of $1.23 billion; conference records transfer details

Revenue conference adopts revised incentive-expenditure forecast after brief presentation from revenue secretary

REC adopts unemployment trust fund projection; secretary says it will allow tax cuts and benefit increases in 2026