Multibank Holding Bill Passes Senate (1983)
Louisiana: The State We're In

Details
Collection:LPB
Genre: News, Public Affairs
Place Covered: Louisiana
Copyright Holder: Louisiana Educational Television Authority
Date Issued: 1983-06-03
Duration: 00:05:48
Subjects: Politics | Government | Louisiana. Legislature | Louisiana Legislative Session, 1983 | Banking Industry | Multibank holding companies
Contributors:
- Ekings, Robyn Host
- Young, David Reporter
- Barham, Charles Speaker
- Kelly, Don Speaker
- Nunez, Sammy Speaker
- Rayburn, B.B. "Sixty" Speaker
- Nicholson, Elwyn Speaker
- Hudson, Tommy Speaker
- Bares, Allen Speaker
- Saunders, John Speaker
- Randolph, Ned Speaker
Description
This segment from the June 3, 1983, episode of “Louisiana: The State We’re In” features David Young’s report on the Senate debate at the 1983 Regular Session of the Louisiana Legislature over a bill allowing multibank holding companies in Louisiana. It includes: State Senator Charles Barham presenting his bill to the Senate; State Senator Don Kelly, the bill’s chief opponent, arguing that the bill will create a monopoly of a small number of banks in the state; Senate President Sammy Nunez reading the results of a failed motion to table the bill; and debate by State Senators B.B. “Sixty” Rayburn, Elwyn Nicholson, Tommy Hudson, Allen Bares, John Saunders, and Ned Randolph. Young reports that the bill passed the Senate by a narrow vote of 20-19. Host: Robyn Ekings