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HR 356·LA·house

ECONOMIC DEVELOPMENT: Urges and requests Louisiana Economic Development to study the benefits of creating a minority business development fund

Reported by CommitteeFiled May 27, 2026
Sponsor: Edmond Jordan (D)
Latest Action

Read by title, roll called, yeas 41, nays 42. The resolution was rejected.

Jun 1, 2026

Summary

The House resolution urges the state agency Louisiana Economic Development (LED) to examine the benefits of creating a fund that would provide capital to minority‑owned businesses. It directs LED to issue a report on the study by Jan. 1 2027 and lists possible loan purposes such as working capital and equipment purchases. The measure failed in the House, losing 42‑41.

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