Louisiana House Bill HCR215

Louisiana 2010 Regular Session

• Introduced: 6/3/10
• Engrossed: 6/4/10
• Passed: 6/4/10

Caption

Memorializes congress to direct available federal funding for the purpose of enhancing the monetary and workforce value at the General Motors/Motors Liquidation Assembly Facility

Impact

The loss of the GM facility is significant as it has been a major contributor to the local economy for over three decades, providing employment and generating tax revenue for the city of Shreveport and surrounding parishes. In 2009, the facility had an annual payroll of forty-five million dollars, which underscores its importance in supporting local businesses and services. HCR215 aims to mobilize federal resources to attract potential investors or manufacturers to the facility, thereby attempting to mitigate the economic fallout from GM's decision.

Summary

House Concurrent Resolution 215 (HCR215) memorializes the United States Congress to take necessary actions to direct available federal funding towards enhancing the monetary and workforce values at the General Motors (GM) assembly facility in Shreveport, Louisiana. The resolution is in response to GM's announcement regarding the cessation of production at the facility, which has significantly reduced its workforce and is projected to have broader negative implications for the local economy and community.

Sentiment

The sentiment surrounding HCR215 seems to be supportive among local legislators and stakeholders who recognize the importance of the GM facility. By aiming to secure federal funding, the resolution highlights a proactive approach to address economic challenges arising from the production halt. However, there may be underlying concerns about reliance on federal intervention and the long-term sustainability of new investments in the region.

Contention

While HCR215 is designed to foster economic revitalization, it may face contention regarding the reliance on federal funding to address local economic challenges. Critics may argue about the efficacy of such measures or the potential for long-term job creation versus short-term financial assistance. Additionally, the resolution emphasizes the importance of the existing workforce and infrastructure, which could raise questions about workforce readiness and future investments in the region.