Bill
Bill > SB79
summary
Introduced
02/20/2026
02/20/2026
In Committee
03/09/2026
03/09/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
AN ACT To enact R.S. 49:191(3)(b) and to repeal R.S. 49:191(1)(a), relative to Louisiana Economic Development; to provide for the re-creation of Louisiana Economic Development and the statutory entities made a part of Louisiana Economic Development by law; to provide for the effective termination date for all statutory authority for the existence of such statutory entities; to provide for an effective date; and to provide for related matters.
AI Summary
This bill re-creates Louisiana Economic Development, a state agency responsible for promoting economic growth, and any other statutory entities that are legally part of it. This re-creation will take effect on June 30, 2026, and the agency's existence will continue under existing state laws. However, the bill also establishes a termination date for all legal authority for these entities, meaning they will cease to exist on July 1, 2031, unless they are re-created again before that date. The bill specifically amends a section of state law (R.S. 49:191) to reflect this new termination date for Louisiana Economic Development and its associated entities, and it repeals an older provision that is no longer needed. The context for this bill is the state's process of periodically reviewing and re-authorizing its agencies to ensure they remain effective and necessary.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Commerce, Consumer Protection and International Affairs. (on 03/09/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.la.gov/legis/BillInfo.aspx?s=26rs&b=SB79&sbi=y |
| Fiscal Note - SB79 Original | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1448076 |
| BillText | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1440905 |
| Analysis - Digest of SB79 Original | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1440907 |
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