Louisiana to Create Country's First Database of Veteran-Owned Businesses
It's about to become a lot easier to support veteran-owned businesses in Louisiana.
House Bill 391, by Baton Rouge Republican Representative Franklin Foil, won final passage Sunday with a 98-0 House vote. The measure will form the Veterans First Business Initiative in the state's economic development agency. Through it, consumers will soon be able to search a database on its website to find such businesses. The department will also create an insignia for certified vendors to display, making them easy to identify within the marketplace. The bill is the first of its kind in the country.
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According to The Louisiana Weekly, veterans must own 51% or more of the business and must not have been dishonorably discharged to qualify.
"This is going to help veterans make that transition from service to civilian life and give us another opportunity to say thank you," Governor John Bel Edwards said at a press event last week.