House Resolution No. by Representative Mike Johnson commends the Louisiana Association of Business and Industry (LABI) on its fiftieth anniversary, recognizing its significant contributions to Louisiana's business community over the past five decades. Established in 1975 through the consolidation of several organizations, LABI has played a pivotal role in advocating for free enterprise and fostering economic growth by engaging in political, legislative, judicial, and regulatory processes. The resolution highlights LABI's historical achievements, including the successful passage of a Right-to-Work law and its leadership during critical economic challenges, such as the insolvency of the state's unemployment compensation trust fund during the 1980s, post-Hurricane Katrina, and the COVID-19 pandemic.

The resolution further acknowledges the leadership transitions within LABI, from its first president Ed Steimel to Dan Juneau, Stephen Waguespack, and currently Will Green, each contributing to the organization's mission of improving Louisiana's business environment. LABI has consistently advocated for reforms in labor, taxation, and education, while also protecting businesses from governmental disruptions. The House of Representatives extends its congratulations and best wishes to LABI for its ongoing commitment to enhancing the quality of life for all citizens in Louisiana and for its effective advocacy on behalf of businesses of all sizes across the state.