Louisiana Association of Business and Industry

The Louisiana Association of Business and Industry (LABI) is a nonprofit organization designated as a 501(c)(6) business league. Its mission is to foster a climate for economic growth by championing the principles of the free enterprise system and representing the general interests of the business community across Louisiana.

History and Role

LABI was established to consolidate the interests of business leaders in Louisiana, providing a unified voice for the state's business community. As of 2025, it is celebrating its 50th anniversary. The organization plays a critical role in promoting policies and practices that support strong economic development and enhance Louisiana's business climate.

Advocacy and Activities

LABI actively engages in the political, legislative, judicial, and regulatory processes to advance sound public policy. It represents over 2,000 Louisiana employers from various industries, making it the only statewide association to cover businesses of all sizes. Key areas of focus include:

• Tax Structure: Advocating for a straightforward and competitive tax system.
• Education and Workforce Development: Promoting a robust system that equips Louisianans with the skills necessary for the marketplace.
• Fiscal Responsibility: Supporting fiscal responsibility and transparency in government.
• Labor Environment: Encouraging conditions that promote job creation.
• Free Enterprise: Championing a system that limits unnecessary government intervention in the marketplace.
• Regulations: Supporting fair and stable laws that encourage economic development without imposing unreasonable costs on businesses and consumers.

Publications and Programs

LABI publishes an annual Legislative Scorecard, which highlights legislators who have supported critical business-related bills. The organization also hosts significant events like its Annual Meeting, which addresses current business challenges and opportunities.

Financial Overview

As a 501(c)(6) organization, donations to LABI are not tax-deductible. It generates revenue primarily from program services, contributions, investment income, and other sources. The organization manages significant assets and employs a robust staff to support its advocacy efforts.