Louisiana 2012 Regular Session

Louisiana Senate Bill SR178

Introduced
6/1/12  

Caption

Establishes the Louisiana Jobs Through Trade With Israel Task Force.

Impact

If implemented, this task force would facilitate a structured approach to studying issues pertinent to trade and tourism between Louisiana and Israel. The task force is expected to report its findings and legislative recommendations by the 2013 Regular Session. The creation of such a task force signifies a legislative commitment to international trade as a means of economic development, potentially leading to increased exports and job creation within the state. Additionally, this initiative could further develop existing cultural and economic ties, capitalizing on previous investments and trade missions to Israel.

Summary

Senate Resolution No. 178 establishes the Louisiana Jobs Through Trade With Israel Task Force, aimed at enhancing trade relations between Louisiana and Israel. The resolution outlines the necessity of increasing employment opportunities and developing mutual trade agreements to promote tourism and elevate job creation, particularly focusing on high-paying jobs for Louisiana residents. The resolution cites that Israel was Louisiana's 17th leading trade partner, indicating that strengthening this relationship could yield significant economic benefits for the state.

Sentiment

Overall, the sentiment surrounding SR178 appears to be positive, with advocates emphasizing the potential for economic growth and job creation through enhanced trade relations. The bill reflects a bipartisan support structure, with members from both major political parties involved in the task force's composition. This suggests a collective recognition of the benefits that could arise from improved trade connections, fostering a spirit of collaboration aimed at achieving common economic goals.

Contention

Despite the largely positive sentiment, there may be points of contention regarding how trade relations are prioritized and which sectors will benefit most from such endeavors. Concerns may arise regarding ensuring that the benefits of increased trade do not disproportionately favor specific industries or businesses at the expense of others. Moreover, the reliance on international relationships for job creation can also evoke debates about local versus global economic strategies, positioning SR178 within a larger dialogue about the right balance between local economic empowerment and global engagement.

Companion Bills

No companion bills found.

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