Thursday, November 1, 2012

Legislative Committees Delay Vote on Privatizing State Employee Benefits

Jeff Adelson recently posted an update on the latest news regarding Louisiana's ongoing privatization battle of its state employee benefits program.

I posted an article on this issue at the end of September, which can be found here. Little ground has been made my original post. The vote to determine whether or not Louisiana will elect to privatize its employee benefits program was scheduled for this past Thursday, but it has been delayed due to some procedural maneuvering. In compliance with legislative rules, lawmakers are allowed more time to consider a measure of this magnitude. Opponents of privatization argue that the other side is simply delaying the vote until they have the numbers on their side. No time table has been released on when a decision will be made.

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