Requests the Department of Economic Development to encourage further economic ties between the state of Louisiana and Taiwan.
Requests the Louisiana Department of Economic Development to study the feasibility of creating an official "Made in Louisiana" certification, brand, or label.
Requests the Department of Economic Development provide certain data regarding the award of tax incentives to the Legislature.
Medical Manufacturing, Economic Development, and Sustainability Act of 2023 or the MMEDS Act of 2023 This bill provides incentives for relocating medical manufacturing facilities in the United States and for manufacturing medical products (i.e., drugs and devices) in economically distressed zones. Specifically, the bill allows a income tax credit for 40% of the sum of wages paid in a medical manufacturing economically distressed zone, employee fringe benefit expenses, and depreciation and amortization allowances with respect to qualified medical manufacturing facility property, and a credit for economically distressed zone products and services acquired by domestic medical manufacturers. The bill increases the credit rate for minority businesses.
Economic development; provide incentives for certain economic development projects.
Medical Manufacturing, Economic Development, and Sustainability Act of 2023 or the MMEDS Act of 2023 This bill provides incentives for relocating medical manufacturing facilities in the United States and for manufacturing medical products (i.e., drugs and devices) in economically distressed zones. Specifically, the bill allows a income tax credit for 40% of the sum of wages paid in a medical product manufacturing economically distressed zone, employee fringe benefit expenses, and depreciation and amortization allowances with respect to qualified medical product manufacturing facility property, and a credit for economically distressed zone products and services acquired by domestic medical product manufacturers.. The bill also directs the Department of Health and Human Services to study the extent to which the health of aging individuals and vulnerable populations have been disproportionately harmed by the COVID-19 (i.e., coronavirus disease 2019) pandemic and prior epidemics and pandemics.
Economic Development; provide incentives for certain economic development projects.
MMEDS Act of 2025 Medical Manufacturing, Economic Development, and Sustainability Act of 2025
Urges and requests the La. Department of Economic Development to complete a military economic impact analysis
Economic development; provide incentives for certain economic development projects.