Relates to the organization of industrial development agencies

This bill updates the rules for how industrial development agencies are structured and defines what counts as a labor organization. It clarifies that a labor organization is any group formed to negotiate with employers or handle employment issues, excluding company-run unions. The law also sets the size of these agencies between three and seven members, who are appointed by local government officials and must include representatives from local businesses, schools, and labor groups. While members can serve without pay, they are allowed to claim necessary travel expenses for their work. Finally, the changes will not take effect until 180 days after the bill is signed into law.