The Senate overwhelmingly approved a bill Thursday that could help Louisiana attract and host major events like the Super Bowl, the NBA All-Star Game, military gatherings, and national political conventions.
Currently, increases in state taxes generated as a result of certain events held in Louisiana are deposited into a fund to attract more events.
The bill, which passed the Senate 32-4, would streamline the process so Louisiana can provide proof that state funds exist to pay for portions of the projects.
“When it comes to tourism, we know that every dollar that we invest in the tourism industry generates at minimum a $19 return,” said Sen. Norby Chabert, R-Houma.
“We may not have the big bowl games unless we’re competing for them,” he added.
Read the full story in KALB.