SB 515·LA·senate
FUNDS/FUNDING: Provides relative to the Small Business Innovation Retention Fund. (8/1/26) (OR SEE FISC NOTE SD EX)
In CommitteeFiled Mar 31, 2026
Sponsor: Royce Duplessis (D)
Latest Action
Read second time by title and referred to the Committee on Finance.
Apr 1, 2026
Summary
The bill updates the law that runs the Small Business Innovation Retention Fund, letting it provide financial assistance to Louisiana businesses that have earned competitive federal SBIR or STTR grants. It also directs that all qualifying state and federal money be placed in the fund after meeting the constitution’s bond‑security requirements.
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