PORTS/HARBORS/TERMINALS: Provides relative to the Central Louisiana Regional Port. (8/1/25) (EN SEE FISC NOTE LF EX See Note)
SB 50 amends Louisiana law to change how the Central Louisiana Regional Port can borrow money. It removes a $10 million cap on bonds the port can issue and allows the port's board to secure loans using mortgages on port property or federal/state grants. This gives the port more flexibility to finance infrastructure projects using its operational revenues. The bill directly affects the port's board of commissioners and their ability to fund capital improvements.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2025
Committee Review
May 2025
Senate Passage
Apr 2025
House Passage
Jun 2025
Signed into Law
Jun 2025
Introduced Apr 1, 2025
Signed Jun 11, 2025
Maddy AI version diff · 3 comparisons
What changed between versions
SB50 Original
→
SB50 Act
·
3 edits
MINOR
The bill was enrolled and the sponsors were updated to include Senator Morris. The most significant policy change allows the Central Louisiana Regional Port to secure its debt with a conventional mortgage on properties it owns or acquires, a power previously not explicitly granted in the original draft. Additionally, the bill removes the previous $10 million cap on outstanding bonds, allowing the port to issue a larger amount of debt for future projects.
Scope change
The bill's scope expanded to include the authority for the port to pledge real property as collateral for debt repayment and to increase the maximum allowable debt limit.
FISCAL
Added authority for the board of commissioners to secure bond payments using a conventional mortgage on properties constructed or acquired by the port.
REQUIREMENT
Removed the $10 million limit on the total amount of outstanding bonds or notes the port can issue at any one time.
TECHNICAL
Updated the bill header to reflect enrollment as Act No. 318 and added Senator Morris as a co-sponsor.
Floor votes · Senate Apr 23, 2025 · House Jun 3, 2025
How they voted
36–1
Passed · 1 other
Total votes 38
Apr 23, 2025
D
Democratic11
100% Yea
R
Republican27
92% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
18
Key actions
4
Committee
4
Amendments
1
Jun 3, 2025
Lower · Passed
Read third time by title, roll called on final passage, yeas 90, nays 0. Finally passed, ordered to the Senate.
lower
May 28, 2025
Introduced
Reported without Legislative Bureau amendments.
lower
May 27, 2025
Lower · Passed
Reported favorably (14-0). Referred to the Legislative Bureau.
lower
Apr 24, 2025
Committee
Read by title, under the rules, referred to the Committee on Ways and Means.
lower
Apr 23, 2025
Upper · Passed
Read by title, passed by a vote of 37 yeas and 1 nays, and sent to the House. Motion to reconsider tabled.
upper
Apr 16, 2025
Upper · Passed
Reported favorably.
upper
Apr 14, 2025
Committee
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Transportation, Highways and Public Works.
upper
1 primary · 1 co-sponsor
Sponsors
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