Louisiana Senate Bill SR91

Louisiana 2015 Regular Session

• Introduced: 5/4/15
• Passed: 5/4/15

Caption

Designates May 5, 2015, as Louisiana Chemical Industry Day.

Impact

The resolution serves to elevate public awareness of the chemical industry’s contributions to Louisiana's economy, amounting to nearly $58 billion in annual products and $8.3 billion in exports. The industry's average wages are noted to be 47% higher than the average manufacturing wage in the state, showcasing its role as a crucial economic player. Furthermore, it outlines the substantial tax contributions made by the industry, which exceed $1 billion annually, benefiting local and state governments.

Summary

Senate Resolution 91 designates May 5, 2015, as 'Louisiana Chemical Industry Day', recognizing the significant contributions of the chemical industry to the state's economy. The resolution highlights the importance of Louisiana's natural resources, such as oil, natural gas, and fresh water, which have enabled the growth of this sector. It emphasizes that the chemical industry not only employs over 27,000 residents directly but also generates an additional 140,000 indirect jobs, supporting numerous businesses statewide.

Sentiment

The sentiment around SR91 is predominantly positive, with support across various sectors recognizing the chemical industry's essential role in promoting economic growth within Louisiana. The resolution acknowledges the industry's collective impact on community well-being, assuring that it is more than just a conglomerate of companies but a foundation for safety and economic enhancement in neighborhoods across the state.

Contention

While the resolution is largely celebratory, there may be underlying concerns regarding environmental and public health implications related to the chemical industry. However, these points are not discussed in the resolution itself, which primarily focuses on economic benefits rather than a critical evaluation of the industry’s broader impact.