ECONOMIC DEVELOPMENT: Urges and requests Louisiana Economic Development to study the benefits of creating a minority business development fund
Read by title, roll called, yeas 41, nays 42. The resolution was rejected.
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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