Press Releases

Treasury Presents First Unclaimed Property Check

State Treasurer John Kennedy Returns $14,000 to OwnerBATON ROUGE, LA – State Treasurer John Kennedy issued a check valued at $14,053 to a Hammond woman this week, marking the first unclaimed property refund to be…

Kennedy Responds to $140 Billion Tobacco Judgment

BATON ROUGE, LA – State Treasurer John Kennedy said the state’s anticipated annual tobacco payments could be jeopardized by today’s Florida jury decision that ordered the tobacco industry to pay more than $140 billion in…

State Treasurer and Public Safety Find Ways to Save Money

Cash Management Policies to Yield More Than $500,000 AnnuallyBATON ROUGE, LA – State Treasurer John Kennedy announced today that the State Treasury and the Department of Public Safety (DPS) have implemented new financial deposit procedures…

Kennedy Unveils START Campaign

State College Tuition Savings Program To Be Among Nations BestBATON ROUGE, LA – State Treasurer John Kennedy recently announced a new advertising campaign to promote the state’s college tuition savings program. He also discussed proposed…

Financial Strength of Retirement Systems Improved

State Able to Save $17 Million Next YearBATON ROUGE, LA – The state will spend nearly $17 million less over the next fiscal year to fund the state’s retirement systems, thanks to better-than-expected progress in…

Kennedy Calls for Gaming Board to Consider Competitive Bid for 15th Riverboat License

Treasurer Says Competitive Bidding May Be Best Financial Option for StateBATON ROUGE, LA – State Treasurer John Kennedy has called on the Louisiana Gaming Control Board to consider putting the state’s fifteenth and final riverboat…

Week Dedicated to Economic Education

BATON ROUGE, LA – The week of May 8-12, 2000, has been designated as Economic Education Awareness Week in Louisiana, according to State Treasurer John Kennedy. Kennedy, who is honorary chair of Economic Education Awareness…

Unclaimed Property Moved to Treasury

State Treasurer John Kennedy Entrusted With Returning Peoples MoneyBATON ROUGE, LA – Governor Murphy J. Mike Foster signed into law last week a bill that transfers the state’s Unclaimed Property Program from the Department of…

LAMP Membership Grows to 300 Strong

BATON ROUGE, LA – The Louisiana Asset Management Pool (LAMP) recently enrolled new local government clients, pushing its total participation to more than 300 members, according to LAMP Marketing Representative Jo Reynolds, who announced the…

Legislature Authorizes Banks to Use Letters of Credit

BATON ROUGE, LA – State lawmakers passed a bill during the Special Legislative Session to allow banks in Louisiana to use letters of credit issued by the Federal Home Loan Bank to collateralize deposits of…