Designates May 6, 2014, as "Louisiana Chemical Industry Day".
Impact
The resolution emphasizes key economic metrics, such as the higher-than-average wages offered by the chemical industry compared to other manufacturing jobs in Louisiana. By recognizing the chemical industry's impact, the resolution aims to promote awareness of its benefits, advocating for ongoing support and investment in this sector to ensure its continued growth. Such appreciation could influence policies that benefit the industry, thereby indirectly affecting laws related to labor, regulation, and economic strategy within the state.
Summary
Senate Resolution No. 122, also known as 'Louisiana Chemical Industry Day', proclaims May 6, 2014, to honor and recognize the critical role of the chemical industry in Louisiana's economic landscape. The resolution outlines the significant contributions of the chemical industry to the state, which includes the provision of nearly 27,000 direct jobs and another 140,000 indirect jobs, highlighting the importance of this sector in maintaining a healthy economy. With an annual production value nearing $58 billion, the chemical industry is positioned as a pivotal aspect of the state's manufacturing sector and overall economic health.
Sentiment
The sentiment around SR122 is predominantly positive, as it serves to celebrate a thriving industry that provides essential jobs and revenue to Louisiana. Legislators and industry representatives praised the resolution as a way to acknowledge the collective efforts of the chemical companies in contributing to community welfare and economic stability. This affirmation cultivates a sense of pride in local industries and fosters a favorable environment for business operations and investments.
Contention
While the resolution is largely celebratory, discussions around it may reflect broader themes regarding environmental concerns associated with the chemical industry. Although not explicitly mentioned in the text, some stakeholders might express apprehensions about environmental governance and the balance between industrial growth and community health. Therefore, while the resolution itself does not present contention, it exists within a context where complex dialogues about industry regulations and environmental protection are ongoing in Louisiana.
Recognizes the essential role the chemical industry plays in Louisiana's economic development and designates May 2, 2012, as "Louisiana Chemical Industry Day".
Provides for the Louisiana Department of Economic Development to establish and administer the Louisiana Industrial Product Certification Program (RE +$202,029 SG EX See Note)