Press Releases

Need a Little Extra Jingle This Christmas?

State Has More Than $200 Million in Unclaimed Money, Some of It Could Be Yours!BATON ROUGE – Santa could come early for Louisiana citizens who need a little extra jingle this Christmas. According to State…

Portion of Tobacco Sale Proceeds Could Fund Statewide Pre-K Program

Louisiana Schools to Receive More Than $101 Million from States Tobacco SaleBATON ROUGE, LA State Treasurer John Kennedy today urged Louisiana school districts to use $102 million in tobacco settlement sale proceeds that the school…

Louisiana Brings Home a Grammy

State to Be First in Nation to Develop Grammy Exposition and Hall of FameBATON ROUGE Louisiana will be home to the first ever Grammy Exposition and Hall of Fame, a state-of-the art interactive music center…

Did You Know Your Newspaper is Worth $9 Million?

Names of Citizens with Unclaimed Property to Be Published in Newspapers This WeekBATON ROUGE, LA Your newspaper will be worth $9 million this week when the Louisiana Department of the Treasury publishes the names of…

Louisiana Nets $1.2 Billion in Tobacco Sale

BATON ROUGE, LA Louisiana went to market this week to sell 60 percent of its tobacco settlement and netted $1.2 billion, which will be put into a trust/savings account for healthcare, education and TOPS, according…

Louisiana Nets $1.2 Billion in Tobacco Sale

BATON ROUGE, LA Louisiana went to market this week to sell 60 percent of its tobacco settlement and netted $1.2 billion, which will be put into a trust/savings account for healthcare, education and TOPS, according…

State Treasurer John Kennedy Appoints Donald Ford to Serve as Internal Auditor

BATON ROUGE State Treasurer John Kennedy has appointed Donald R. Ford, a native of Baton Rouge and experienced financial auditor, to serve as the Louisiana Department of the Treasury’s new internal auditor. I am pleased…

Senior Underwriter for Tobacco Deal Creates Online Presentation to Reach National Investors

Senior Underwriter for Tobacco Deal Creates Online Presentation to Reach National InvestorsBATON ROUGE, LA Bear Stearn’s, the senior underwriter for Louisiana’s tobacco settlement sale, started an Internet road show today to pre-market state tobacco bonds…

Treasury Uses the Internet to Auction $24.3 Million in CDs

Competition Continues to Be Key to Success in States Online AuctionsBATON ROUGE, LA Thirteen Louisiana banks logged on to www.BidLouisiana.comthis past week to compete for $24.3 million in state certificates of deposit, according to State…

Developers Can Reduce Costs While Improving Infrastructure

Treasurer Kennedy Says Financing Available for Residential, Commercial and Industrial DevelopmentBATON ROUGE, LA Area developers and landowners met today to learn how they can establish community development districts to finance major infrastructure improvements to residential,…