Senate Bill No. 79, introduced by Senator Mizell, aims to re-create the Louisiana Economic Development department and its associated statutory entities, effective June 30, 2026. The bill modifies existing sunset law provisions by establishing a new termination date of July 1, 2031, with operations beginning to phase out on July 1, 2030, unless the department is re-created before that date. This legislation supersedes previous requirements that mandated separate bills for the re-creation of each statutory entity within the department.

Additionally, the bill enacts new legal language under R.S. 49:191(3)(b) to include Louisiana Economic Development and its statutory entities in the termination schedule, while repealing R.S. 49:191(1)(a) in its entirety. This change streamlines the process for maintaining the department's operations and ensures continuity in its legislative authority. The bill will take effect on June 30, 2026, or the day following legislative approval if vetoed by the governor.