Louisiana Senate Bill SB264

Louisiana 2014 Regular Session

• Introduced: 3/10/14
• Refer: 3/10/14

Caption

Re-creates the Department of Economic Development. (6/30/14)

Impact

The re-creation of the Department of Economic Development is critical for maintaining the state's ability to oversee and promote economic growth through development programs and initiatives. This move will help preserve the operational framework for undertaking economic projects and providing services to businesses, especially in times of economic flux. An uninterrupted presence of the department is anticipated to facilitate smoother regulatory processes and support for business development, which is essential for Louisiana's economic landscape.

Summary

Senate Bill 264 aims to re-create the Department of Economic Development in Louisiana, following the sunset law which mandates periodic review and potential termination of government entities. The bill stipulates that the department and its associated statutory entities will continue their operations until at least June 30, 2019. The legislation effectively seeks to ensure that the Department can operate without disruption, addressing the concerns regarding its previous potential termination. This re-creation aligns with legislative procedures that require a formal act to continue such entities beyond their initial expiration date.

Sentiment

The sentiment surrounding SB 264 is largely supportive among legislators who recognize the essential role of the Department of Economic Development in promoting economic stability and growth. However, there may also be some skepticism regarding the efficacy of government departments and the need for continual oversight. Despite this, the overall legislative atmosphere favors maintaining the department's functionality to foster a conducive environment for economic initiatives.

Contention

Notable points of contention may arise from debates about government efficacy and the necessity of creating additional layers of bureaucracy. Critics of government re-creations often question the allocation of taxpayer funds toward departments that might be viewed as ineffective. Discussions may emerge regarding whether such oversight truly contributes to tangible economic benefits, or if resources could be better utilized elsewhere. Maintaining a balance between effective oversight and government minimization continues to be a significant discussion point in the context of the department's re-creation.