The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Senate Legislative Services. The keyword,
summary, and digest do not constitute part of the law or proof or indicia of legislative
intent. [R.S. 1:13(B) and 24:177(E)]
DIGEST
SB 144 Engrossed 2025 Regular Session Womack
Present law authorizes the Vidalia Port Commission, with the approval of the State Bond
Commission, to incur debts, issue negotiable bonds or notes, and pledge revenues to secure the
payment of principal and interest on negotiable bonds or notes.
Present law prohibits the amount of outstanding negotiable bonds or notes from exceeding
$15,000,000.
Proposed law removes the prohibition that the amount of outstanding negotiable bonds or notes shall
not exceed $15,000,000 and otherwise retains present law.
Present law further provides that the bonds are considered a general obligation of the Vidalia Port
Commission and pledges the full faith and credit of the city of Vidalia.
Proposed law repeals present law.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 34:1862(C))