ECONOMIC DEVELOPMENT: Adds requirements for cooperative endeavor agreements between Louisiana Economic Development and nongovernmental entities
Read by title, under the rules, referred to the Committee on Commerce.
Summary
The bill adds new rules for cooperative endeavor agreements between Louisiana Economic Development and nongovernmental entities. Those entities must spend at least 35% of the money they receive on goods produced in the state and keep records to prove the spending. Programs that existed before certain dates are exempt from the new requirements.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when HB 1127 changes status, plus AI-powered summaries and stage predictions.
Sign up free