Urges and requests the governor and DED to embrace and support every opportunity to provide assistance to businesses locating, building, or expanding in rural areas
Impact
The enactment of HCR170 is expected to encourage state-level initiatives designed to stimulate economic growth specifically within rural communities. By advocating for financial support and resources for local political subdivisions, the resolution aims to improve infrastructure and services necessary for attracting new businesses or aiding current ones in expanding operations. This assistance could lead to job creation and contribute to the overall reduction of poverty in Louisiana's rural sectors, thereby enhancing the state's economic landscape.
Summary
HCR170 urges and requests the Governor of Louisiana and the Department of Economic Development (DED) to actively support various projects aimed at providing assistance to businesses in rural areas. The resolution emphasizes the unique challenges faced by these communities and highlights the need for additional efforts in addressing the high rates of poverty and unemployment that prevail in rural regions. The resolution calls for exploiting every possible opportunity to enhance business activities and foster economic development in low-population areas of the state.
Sentiment
The general sentiment surrounding HCR170 appears to be positive, reflecting a consensus on the importance of supporting rural economic initiatives. Lawmakers expressed their recognition of the disparities faced by rural communities and the potential benefits of fostering local business environments. While there may not have been significant public contention noted, the call for targeted assistance highlights deeper concerns regarding economic inequality and the historical neglect of rural areas in favor of more urban-centric policies.
Contention
While HCR170 predominantly received support, potential points of contention may arise regarding the allocation of state resources and how effectively they would reach the intended communities. Critics might question whether the proposed measures can address systemic issues facing rural areas, or if they merely serve as temporary fixes. Additionally, future discussions may focus on the mechanisms for measuring the effectiveness of the financial assistance programs that the resolution seeks to champion.
Requests the Red River Waterway Commission and the Department of Economic Development to make a report on economic development opportunities and strategies for the Red River area between Alexandria and Pineville.
Technical changes to the small business assistance partnerships grant program, Minnesota expanding opportunity fund program, Minnesota emerging entrepreneur program, and community wealth-building grant program pilot project
Small business assistance partnerships grant program, Minnesota expanding opportunity fund program, Minnesota emerging entrepreneur program, and community wealth-building grant program pilot project technical changes made.
Urges and requests the governor's executive assistant for coastal activities to coordinate a study among state agencies and make recommendations to the governor and the legislature relative to management of the Amite River Basin
Fursad Fund Initiative grant funding provided to support small businesses in greater Minnesota through technical assistance, capacity building, and access to capital; and money appropriated.