Senate Bill No. by Senator Hensgens seeks to repeal the Vermilion Economic Development District, which is established under Subpart B-29 of Part IV of Chapter 1 of Title 33 of the Louisiana Revised Statutes. The district was created to promote industrial development and stimulate the local economy through various means, including commerce, industry, and research, while also focusing on the utilization of natural and human resources to provide job opportunities.

The proposed law will eliminate all provisions related to the Vermilion Economic Development District, specifically R.S. 33:130.561 through 130.570, effectively dissolving the political subdivision. The bill will take effect upon the governor's signature or, if not signed, after the designated time for bills to become law without signature, as outlined in the Louisiana Constitution.

Statutes affected:
SB29 Original: