Press Releases

Treasury Partners with Revenue Department to Pay $15 Million in Unclaimed Property Claims

FOR IMMEDIATE RELEASE October 29, 2018 BATON ROUGE, LA – The Louisiana Department of the Treasury will begin mailing out 85,000 unclaimed property checks this month to citizens who are owed up to $1,500 each, according…

Standard & Poor’s Raises State’s Credit Outlook from Negative to Stable

FOR IMMEDIATE RELEASE August 24, 2018 BATON ROUGE, La. — Standard and Poor’s (S&P) announced today that it has raised the outlook on the state’s credit from negative to stable, according to State Treasurer John…

State Treasurer John M. Schroder, Sr. Releases Statement about Bond Commission’s Decision to Protect Louisiana Citizens’ Second Amendment Rights

BATON ROUGE, LA – The State Bond Commission today, led by Chairman and State Treasurer John M. Schroder, Sr., voted 7 to 6 to prohibit Citigroup and Bank of America from participating in an upcoming…

Moody’s Investors Service Raises Outlook on State’s Credit to Stable

For Immediate Release July 2, 2018 BATON ROUGE, LA – Moody’s Investors Service has raised the outlook on the state’s credit from negative to stable, according to State Treasurer John M. Schroder. In a report…

Treasury Returns $2.3 Million to North Louisiana Resident

For Immediate Release June 11, 2018 BATON ROUGE, LA – The Louisiana Department of the Treasury has returned $2.3 million in unclaimed oil royalties to a north Louisiana resident,* according to State Treasurer John M. Schroder….

State Treasurer John M. Schroder Releases End of Session Statement

For Immediate Release June 5, 2018 State Treasurer John M. Schroder released the following statement today: “This is part of the legislative process, and I am confident that lawmakers will work something out before the…

Treasury Has Deposited $78.5 Million in New Unclaimed Property This Fiscal Year

BATON ROUGE, LA – State Treasurer John M. Schroder announced today that the Treasury has deposited $78.5 million in new Unclaimed Property collections. “We’ve uploaded 100,000 names of people who are owed Unclaimed Property to…

State Treasurer John Schroder Praises Passage of Louisiana Checkbook Legislation

BATON ROUGE, LA – A bill to improve transparency around the state’s finances passed another hurdle on its way to becoming law yesterday, according to State Treasurer John Schroder. HB 510 by Rep. Taylor Barras,…

State Treasurer John Schroder Statement on Bond Commission’s Discussion of Citigroup and Bank of America’s Gun Policies

State Treasurer John Schroder released the following statement today regarding the Bond Commission’s discussion of Citigroup and Bank of America’s gun policies: “As Treasurer and Louisiana’s banker, it’s important for me to make sure we…

State Treasurer John Schroder Proposes Capital Outlay Revolving Loan Bank

BATON ROUGE, LA — State Treasurer John Schroder testified in the House Ways and Means Committee this week in support of House Bill 884 to set up a revolving loan fund for local governments to…