The bill, HB 971, establishes the Louisiana Ports and Waterways Investment Commission, which aims to advocate for the state's ports and develop a strategic plan for investment in Louisiana's waterways. The commission will focus on attracting international trade, setting funding priorities, and leveraging financing for the state's ports. The governance structure includes a board of directors with members appointed by the governor, including the executive directors of various ports, and representatives from the House and Senate. Notably, the bill specifies that six members will be appointed by the governor from a list of four nominated individuals submitted by the Port Association of Louisiana, categorized by port classification.

Additionally, the bill repeals existing laws related to the Louisiana International Deep Water Gulf Transfer Port Authority, the Port Development Advisory Commission, and the office of port development. It requires the commission to develop a strategic plan and investment program for economic development, which must be reviewed by the Louisiana Board of International Commerce and the relevant legislative committees. The strategic plan will only receive funding upon agreement from the governor and the legislature, ensuring a collaborative approach to the development of Louisiana's ports and waterways.

Statutes affected:
HB971 Enrolled:
HB971 Act 755: