HLS 162ES-299 ORIGINAL 2016 Second Extraordinary Session HOUSE RESOLUTION NO. 37 BY REPRESENTATIVE GLOVER COMMERCE: Requests the House Committee on Commerce to study the state of the automotive manufacturing industry in the state of Louisiana since the onset of the most recent worldwide economic downturn 1 A RESOLUTION 2To urge and request the House Committee on Commerce to study the state of the automotive 3 manufacturing industry in the state of Louisiana since the onset of the most recent 4 worldwide economic turndown. 5 WHEREAS, during the late 2000s, a recession of a global scale adversely affected 6the economy of the United States; and 7 WHEREAS, such adverse effects were manifested as an overall decline in economic 8activity resulting in a loss of industry and consumer wealth, the scarce availability of credit, 9and subsequently, the realization of sharp cutbacks in consumer spending; and 10 WHEREAS, the national automobile industry, and the automobile industry in this 11state, experienced declining automobile sales and the substantial loss of employment 12opportunities; and 13 WHEREAS, perpetual declining sales and employment loss lead to the 2009 14bankruptcy of the General Motors Corporation, and by 2012, a complete cessation of 15automobile manufacturing at the General Motors Shreveport plant, which for more than 16thirty years was a generator of jobs and economic opportunity in this state; and 17 WHEREAS, after the bankruptcy of General Motors, the Shreveport plant was 18assumed by the Revitalizing Auto Communities Environmental Response Trust (RACER) 19that was created by the United States Bankruptcy Court to clean up and position for Page 1 of 3 HLS 162ES-299 ORIGINAL HR NO. 37 1redevelopment the properties and other facilities owned by the former General Motors 2Corporation; and 3 WHEREAS, in 2013, in efforts to rebuild, reposition, and revitalize the state's hard- 4hit automobile industry, certain agreements were reached by RACER and particular 5automobile manufacturers for the production of certain vehicles at the former General 6Motors Shreveport plant; and 7 WHEREAS, such automobile production was expected to commence by the end of 82015, yielding the expectation for economic stimulation and the creation of thousands of 9potential jobs; and 10 WHEREAS, as of 2016, prior agreements for automobile production have yet to 11materialize, and the state has an interest in creating transparency and uncovering any 12pertinent explanations as to why those agreements have not come to fruition, as such 13agreements for automobile manufacturing in Louisiana can only serve to positively benefit 14the overall economy and citizenry of this state. 15 THEREFORE, BE IT RESOLVED that the House of Representatives of the 16Legislature of Louisiana does hereby urge and request the House Committee on Commerce 17to do all of the following: 18 (1) Study the state of the automotive manufacturing industry in the state of Louisiana 19since the onset of the most recent worldwide economic turndown that began in 2008. 20 (2) Investigate and report on the activities of RACER in the state of Louisiana. 21 (3) Tour and assess the current condition and circumstances of any Louisiana based 22properties either currently or previously under the control and supervision of RACER in the 23state of Louisiana. 24 (4) Take testimony from local, regional, and state officials and economic 25development stakeholders regarding barriers and obstacles impacting the ability to 26effectively market facilities either currently or previously under the control of RACER. 27 BE IT FURTHER RESOLVED that the House Committee on Commerce shall report 28its findings to the House of Representatives prior to the convening of the 2017 Regular 29Session of the Legislature of Louisiana. Page 2 of 3 HLS 162ES-299 ORIGINAL HR NO. 37 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)] HR 37 Original 2016 Second Extraordinary Session Glover Requests the House Committee on Commerce to study the state of the automotive manufacturing industry in the state of Louisiana since the onset of the most recent worldwide economic turndown. Requests a report of its findings prior to the convening of 2017 R.S. Page 3 of 3