HLS 14RS-2497 ORIGINAL Page 1 of 2 Regular Session, 2014 HOUSE CONCURRENT RESOLUTI ON NO. 98 BY REPRESENTATIVE JEFFERSON TAX CREDITS: Urges and requests the secretary and staff of the Dept. of Economic Development to advise businesses receiving tax and other financial incentives that the legislature requests that hiring decisions be focused on Louisiana residents A CONCURRENT RESOLUTI ON1 To urge and request that the secretary and staff of the Department of Economic2 Development advise businesses receiving state tax and other financial incentives for3 business development that the Louisiana Legislature requests that hiring decisions4 be focused on Louisiana residents to the greatest degree possible.5 WHEREAS, Louisiana has a robust array of programs for tax and other financial6 incentives for the development and maintenance of new businesses in the state; and7 WHEREAS, hiring locally has a direct impact upon maximization of the indirect8 economic effects generated by a specific incentive, which economic effects can be used to9 measure the success of the incentive policy; and10 WHEREAS, the Louisiana Legislature has great interest in the state's economy and11 growth in opportunities for Louisiana residents to find meaningful permanent employment;12 and13 WHEREAS, the secretary and staff of the Department of Economic Development14 work closely with businesses receiving tax and other financial incentives and, given this, are15 well-suited to share this expression of the legislature with regard to employment16 opportunities for Louisianians.17 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby18 request that the secretary and staff of the Department of Economic Development advise19 businesses receiving state tax and other financial incentives for business development that20 HLS 14RS-2497 ORIGINAL HCR NO. 98 Page 2 of 2 the Louisiana Legislature requests that hiring decisions be focused on Louisiana residents1 to the greatest degree possible.2 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted by the3 clerk of the House of Representatives to the secretary of the Department of Economic4 Development.5 DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] Jefferson HCR No. 98 Urges and requests the secretary and staff of the Department of Economic Development to advise businesses receiving state tax and other financial incentives that the Louisiana Legislature requests that hiring decisions be focused on Louisiana residents to the greatest degree possible.