SLS 15RS-3662 ORIGINAL 2015 Regular Session SENATE CONCURRENT RESOL UTION NO. 135 BY SENATOR BROOME ECONOMIC DEVELOP DEPT. Requests that the Department of Economic Development notify companies with which it has entered into cooperative endeavor agreements of the goals of the Hudson and Veteran initiatives and that these companies provide the department with information on their use of Hudson Initiative and Veteran Initiative vendors. 1 A CONCURRENT RESOL UTION 2 To urge and request the Department of Economic Development to notify companies with 3 which it has cooperative endeavor agreements of the specific goals of the Louisiana 4 Hudson Initiative and the Veteran Initiative, to provide these companies with a list 5 of the businesses certified under the Hudson Initiative, the Veteran Initiative, or both, 6 and to request that the companies take certain actions regarding the use of businesses 7 certified under one initiative or both. 8 WHEREAS, the Louisiana Department of Economic Development has entered into 9 cooperative endeavor agreements that grant companies inducements in exchange for the 10 companies making capital expenditures and creating new jobs; and 11 WHEREAS, R.S. 33:9029.2 authorizes the state to enter into cooperative endeavor 12 agreements to achieve a public purpose, including but not limited to enhancing or 13 maintaining the economic well-being of the state, upon a showing of reasonable expectations 14 that such obligations of the state will result in economic development or will achieve other 15 economic goals that will equal or exceed the value of the obligations of the state; and 16 WHEREAS, the Louisiana Initiative for Small Entrepreneurships (the Hudson 17 Initiative) expresses the intent of the legislature to facilitate the growth and stability of 18 Louisiana's economy by fostering utilization by state interests of the business offerings Page 1 of 3 SCR NO. 135 SLS 15RS-3662 ORIGINAL 1 available for state procurement and public contracts from Louisiana's small 2 entrepreneurships; and 3 WHEREAS, pursuant to R.S. 51:931 the secretary of the Department of Economic 4 Development is required to certify businesses as small entrepreneurships for purposes of the 5 Hudson Initiative; and 6 WHEREAS, the Louisiana Initiative for Veteran and Service-Connected Disabled 7 Veteran-Owned Small Entrepreneurships (the Veteran Initiative) expresses the intent of the 8 legislature to facilitate the growth and stability of Louisiana's economy by fostering 9 utilization by state interests of the business offerings available for state procurement and 10 public contracts from Louisiana's veteran and service-connected disabled veteran-owned 11 small entrepreneurships, and providing a clearinghouse of information to these 12 entrepreneurships; and 13 WHEREAS, R.S. 51:933 requires the Department of Economic Development to 14 notify all businesses entering into cooperative endeavor agreements of the specific goals of 15 the Louisiana Hudson Initiative and the Veteran Initiative as set forth by the division of 16 administration. 17 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby 18 urge and request the Department of Economic Development to notify companies with which 19 it has cooperative endeavor agreements of the specific goals of the Louisiana Hudson 20 Initiative and the Veteran Initiative, to provide these companies with a list of the businesses 21 certified under the Hudson Initiative, the Veteran Initiative, or both, and to request that the 22 companies set goals for the total percentage of expenditures to be paid to businesses certified 23 by an initiative, encourage their prime contractors to utilize businesses certified by an 24 initiative, and submit quarterly reports to the Department of Economic Development on their 25 use of businesses certified under the Hudson Initiative, Veteran Initiative, or both. 26 BE IT FURTHER RESOLVED that the provisions of this Resolution shall supersede 27 the provisions of House Concurrent Resolution No. 214 of the 2015 Regular Session of the 28 Legislature. 29 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the 30 secretary of the Department of Economic Development. Page 2 of 3 SCR NO. 135 SLS 15RS-3662 ORIGINAL The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Jerry J. Guillot. DIGEST SCR 135 Original 2015 Regular Session Broome Requests the Department of Economic Development to notify companies with which it has cooperative endeavor agreements of the specific goals of the Hudson Initiative and the Veteran Initiative, to provide these companies with a list of the businesses certified under one initiative or both, and to request that the companies set goals for the total percentage of expenditures to be paid to businesses certified by one initiative or both, encourage their prime contractors to utilize businesses certified by one initiative or both, and submit quarterly reports to the department on their use of businesses certified under the Hudson Initiative, Veteran Initiative, or both. Supersedes HCR 214 of the 2015 RS. Page 3 of 3