HLS 15RS-2609 ORIGINAL
2015 Regular Session
HOUSE CONCURRENT RESOL UTION NO. 123
BY REPRESENTATIVE ST. GERMAIN
COMMENDATIONS: Commends the Louisiana Public Facilities Authority for more than
forty years of service to the state
1 A CONCURRENT RESOL UTION
2To commend the Louisiana Public Facilities Authority for more than forty years of service
3 to the state of Louisiana.
4 WHEREAS, the Louisiana Public Facilities Authority (LPFA) promotes, encourages,
5and furthers the accomplishment of all activities beneficial to the state of Louisiana; and
6 WHEREAS, the LPFA supports economic growth across the state by helping finance
7projects and programs that serve as engines for local and state economies; and
8 WHEREAS, the LPFA strives to further education, healthcare, economic
9development, and job creation in Louisiana; and
10 WHEREAS, since 1974, the LPFA has issued more than twenty billion dollars in
11bonds for nonprofit organizations and businesses; the LPFA plays a direct role in economic
12growth and job creation by providing qualifying entities with the means to receive tax-
13exempt financing to achieve interest cost savings; and
14 WHEREAS, LPFA has facilitated economic activities, leading to 7,512 jobs per year;
15and
16 WHEREAS, in addition to its work with public and private entities, the LPFA
17remains committed in making higher education accessible to Louisiana students through its
18education division, the Louisiana Education Loan Authority; and
19 WHEREAS, it is appropriate to commend the efforts of the LPFA in making
20Louisiana a better place to live, work, and call home, and to congratulate the LPFA upon its
21forty years of service to the state of Louisiana.
Page 1 of 2 HLS 15RS-2609 ORIGINAL
HCR NO. 123
1 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby
2commend the Louisiana Public Facilities Authority for its forty years of service to Louisiana
3and does hereby extend to the LPFA every good wish for success in the years to come.
4 BE IT FURTHER RESOLVED that a suitable copy of this Resolution be transmitted
5to James W. Parks, II, president and CEO of the Louisiana Public Facilities Authority.
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)]
HCR 123 Original 2015 Regular Session St. Germain
Commends the Louisiana Public Facilities Authority for more than 40 years of service to La.
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