Louisiana 2018 2018 Regular Session

Louisiana House Bill HR184 Introduced / Bill

                    HLS 18RS-3978	ORIGINAL
2018 Regular Session
HOUSE RESOLUTION NO. 184
BY REPRESENTATIVE AMEDEE
ECONOMIC DEVELOPMENT:  Requests the Department of Economic Development to
study and report on commercial activities by state-owned companies or organizations
in and subsidized by certain foreign governments and requests the state treasurer to
certify that no public funds are used to support commercial activities in foreign
governments
1	A RESOLUTION
2To urge and request the Department of Economic Development to study predatory
3 investments and other unfair trade practices in Louisiana by state-owned companies
4 or organizations based in and subsidized by communist countries and submit a report
5 of its findings, to urge and request the state treasurer to certify that no state funds
6 have been used to support state-owned companies or organizations based in
7 communist countries and submit a report verifying that the certification was
8 performed and including any findings he deems relevant, and to request that both
9 reports be submitted to the House of Representatives of the  Legislature of Louisiana
10 not later than sixty days prior to the convening of the 2019 Regular Session of the
11 Legislature of Louisiana.
12 WHEREAS, private ownership of capital, free movement of labor, and respect for
13fundamental human rights are foundations upon which the American economy and the
14economy of Louisiana are based; and
15 WHEREAS, many of the laws and institutions developed since World War II do not
16adequately protect against the threats posed to the global economy, the economy of the
17United States, and the economy of Louisiana by the forms of "state capitalism" practiced by
18the People's Republic of China and other communist countries; and
Page 1 of 3 HLS 18RS-3978	ORIGINAL
HR NO. 184
1 WHEREAS, predatory investments, the theft of intellectual property, and unfair trade
2practices committed by companies and organizations that are subsidized by the governments
3of China and other communist countries cause or threaten to cause harm to companies and
4industries in the United States and the state of Louisiana including but not limited to the
5state's shellfish and chemical industries; and 
6 WHEREAS, the government of the state of Louisiana provides public funds to
7encourage investment by companies and organizations in Louisiana, and such investments
8affect Louisiana's existing industries, its workers, and its economic system of free enterprise.
9 THEREFORE, BE IT RESOLVED that the House of Representatives of the
10Legislature of Louisiana does hereby urge and request the Department of Economic
11Development to study investments and other commercial activities by state-owned
12companies or organizations based in and subsidized by a communist country that are doing
13business in Louisiana, particularly as they relate to the impact such investments and
14commercial activities have on existing industries, worker safety, employment, the protection
15of intellectual property, and competition in the state of Louisiana. 
16 BE IT FURTHER RESOLVED that the Department of Economic Development shall
17submit a written report of its findings to the House of Representatives of the Legislature of
18Louisiana by not later than sixty days prior to the convening of the 2019 Regular Session of
19the Legislature. 
20 BE IT FURTHER RESOLVED that the House of Representatives of the Legislature
21of Louisiana does hereby urge and request the state treasurer to certify that no public funds
22have been used whether through incentives, abatements, or any other means to support
23commercial activities, including investments, by companies or organizations that are owned
24in whole or in part by a foreign government that is identified as a communist government
25by the World Factbook of the United States Central Intelligence Agency.
26 BE IT FURTHER RESOLVED that the state treasurer shall submit a written report
27verifying that the requested certification was performed, along with any findings he deems
28relevant, to the House of Representatives of the Legislature of Louisiana by not later than
29sixty days prior to the convening of the 2019 Regular Session of the Legislature.
Page 2 of 3 HLS 18RS-3978	ORIGINAL
HR NO. 184
1 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the
2secretary of the Department of Economic Development and the state treasurer. 
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 184 Original 2018 Regular Session	Amedee
Requests the Department of Economic Development to study predatory investments and
other unfair trade practices in Louisiana by companies based in or subsidized by communist
countries and submit a report of the findings to the House of Representatives. Requests the
state treasurer to certify that no state funds have been used to support these companies and
submit a report to the House of Representatives. The reports are to be submitted not later
than 60 days prior to the convening of the 2019 R.S.
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