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Multibank Holding Bill Passes Senate (1983)

Louisiana: The State We're In



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


  • 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


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