|Name||John N. Kennedy|
Madisonville, Louisiana , United States
|| November 21, 1951
Nov 21, 2017 07:05pm
Pro- gun - Pro-Life - Married - Methodist -
|Info||State Treasurer, 2000-2004 |
Ex-State Revenue Secretary
John Kennedy is now serving his second term as State Treasurer after being re-elected without opposition in 2003. His job includes balancing the state�s checkbook, investing our tax dollars to make the most money possible, and overseeing state and local governments� requests to borrow money for capital projects.
Kennedy grew up just northeast of Baton Rouge in Zachary, Louisiana. He is a
product of Louisiana public schools and graduated with honors in political science, philosophy and economics from Vanderbilt University. He earned his law degree from the University of Virginia and has an advanced law degree from Oxford University in England.
Since he first took office as State Treasurer four years ago, Kennedy has been applauded for making the tough decisions and for his smart, common-sense approach to improving government and our state. He fights hard to protect our tax dollars.
Kennedy pushed the sale of 60 percent of the state�s tobacco settlement and put $1 billion into trust funds for our
kids and grandkids. He has returned more than $50 million in unclaimed money to citizens statewide and has taken
tough stands against freely tapping our Rainy Day Fund and raising the state debt limit to fix the state�s budget
problems. In the past two years alone, he has helped increase participation in the state�s 529 college savings plan
from $7.5 million to more than $33 million.
Under Kennedy�s watch, all three rating agencies upgraded the state�s bond rating - which is like an individual�s
credit rating - making Louisiana more attractive to businesses and investors nationwide and lowering the state�s
interest costs. Kennedy also joined other state treasurers in pushing for increased corporate accountability and
improved business practices in major Wall Street firms.
Kennedy has made it a priority to help citizens improve their own personal finances. Louisiana schoolteachers have
benefited from $20 million in mortgages with low-interest rates or down payment assistance thanks to his leadership. He works to provide homeownership opportunities to thousands of citizens who previously would not have qualified. He helped pass legislation to teach personal finances in all Louisiana public high schools and is expanding personal finance information on the Treasury�s website (www.latreasury.com).
John Kennedy knows how important education is in our state, and he entered the classroom to see what teachers face on a daily basis. He volunteered to substitute teach for 11th, 6th and 7th grades for East Baton Rouge Parish public schools, and he is an adjunct professor at LSU Law School.
Prior to his position as State Treasurer, Kennedy served for three years as Secretary of the Louisiana Department of Revenue, modernizing the office and making tax time easier for small businesses and individual taxpayers. He has served as Special Counsel to Governor Buddy Roemer and was an attorney and partner in the Baton Rouge and New Orleans law firm of Chaffe, McCall, Phillips, Toler and Sarpy, L.L.P.
Kennedy lives in Madisonville, Louisiana, with his wife Becky and his seven-year-old son Preston. They are
members of the North Cross United Methodist Church.
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