Louisiana Senate Bill SR168

Louisiana 2010 Regular Session

• Introduced: 6/20/10
• Passed: 6/21/10

Caption

Requests the Louisiana Recovery Authority to reimburse the extraordinary expenses incurred by Daybrook Fisheries, Inc., related to its clean-up and recovery in the aftermath of hurricanes Katrina and Rita.

Impact

The resolution advocates for financial support to a key local enterprise that has faced severe financial strain due to the hurricanes. By encouraging reimbursement for Daybrook's uninsured losses and lost revenue, the resolution aims to support the recovery and economic stability of the region. If approved, this measure could set a precedent for similar support to other businesses adversely affected by natural disasters, helping to foster local economic resilience.

Summary

Senate Resolution No. 168 urges the Louisiana Recovery Authority to reimburse Daybrook Fisheries, Inc. for extraordinary expenses incurred during the cleanup and recovery following hurricanes Katrina and Rita. Daybrook Fisheries is a significant employer in lower Plaquemines Parish, having invested over fifty million dollars in rebuilding its operations since the hurricanes. The resolution emphasizes the vital role Daybrook plays in the local community by tripling its pre-Katrina employment and maintaining a substantial payroll.

Sentiment

The sentiment surrounding SR168 is largely supportive of helping local businesses recover from the disaster. This reflects a broader understanding of the importance of supporting significant employers in rebuilding efforts, especially in communities heavily impacted by natural disasters. The recognition of Daybrook as an important corporate citizen underscores the sentiment that strengthening local businesses will benefit the overall economy and community welfare.

Contention

While the bill primarily calls for support of Daybrook Fisheries, there could be contentions regarding the allocation of financial resources and whether similar assistance should be extended to other businesses affected by the hurricanes. Concerns may arise about the fairness of prioritizing this particular company for reimbursement, potentially leaving others in similar situations without support. The resolution’s focus on a single entity may lead to discussions about the broader implications for disaster recovery funding and the criteria for such reimbursements.