Louisiana House Bill HB98

Louisiana 2014 Regular Session

• Introduced: 3/10/14
• Refer: 3/10/14
• Report Pass: 3/31/14

Caption

Provides for the distribution of the monies in the Shreveport Riverfront and Convention Center and Independence Stadium Fund

Impact

The impact of HB 98 centers around the redistribution of funding within the context of local economic development and tourism. By directing funds specifically to the Shreveport Bossier African American Chamber of Commerce, the bill seeks to promote initiatives that could lead to increased economic opportunities and greater emphasis on African-American contributions to tourism in the area. The effective date is set for July 1, 2014, indicating a prompt implementation once passed.

Summary

House Bill 98 proposes a change in the allocation of funds from the Shreveport Riverfront and Convention Center and Independence Stadium Fund. Specifically, it reallocates 3% of the funds that were previously designated for the African-American Multi-Cultural Tourism Commission to the Shreveport Bossier African American Chamber of Commerce. This change is aimed at enhancing support for the local chamber, which proponents believe will better serve the interests of the African-American community in Shreveport.

Sentiment

The sentiment surrounding the bill appears to be generally positive, particularly among advocates for the Shreveport Bossier African American Chamber of Commerce. Supporters argue that this measure will facilitate more targeted economic initiatives and support for African-American business development in the region. The bill's adjustments reflect a movement towards greater local accountability and responsiveness to community needs.

Contention

Any notable points of contention over HB 98 could stem from potential disagreements regarding whether the alteration in funding is the best approach to support African-American tourism and business initiatives. While proponents underscore the benefit of allocating funds directly to a chamber that represents local interests, critics may question whether shifting funding away from the Multi-Cultural Tourism Commission could hinder broader tourism efforts in Shreveport. This highlights ongoing discussions about resource allocation and representation within local governance.