Louisiana 2018 Regular Session

Louisiana House Bill HR184 Latest Draft

Bill / Enrolled Version

                            ENROLLED
2018 Regular Session
HOUSE RESOLUTION NO. 184
BY REPRESENTATIVE AMEDEE
A RESOLUTION
To urge and request the Department of Economic Development to study predatory
investments and other unfair trade practices in Louisiana by state-owned companies
or organizations based in and subsidized by communist countries and submit a report
of its findings, to urge and request the state treasurer to certify that no state funds
have been used to support state-owned companies or organizations based in
communist countries and submit a report verifying that the certification was
performed and including any findings he deems relevant, and to request that both
reports be submitted to the House of Representatives of the  Legislature of Louisiana
not later than sixty days prior to the convening of the 2019 Regular Session of the
Legislature of Louisiana.
WHEREAS, private ownership of capital, free movement of labor, and respect for
fundamental human rights are foundations upon which the American economy and the
economy of Louisiana are based; and
WHEREAS, many of the laws and institutions developed since World War II do not
adequately protect against the threats posed to the global economy, the economy of the
United States, and the economy of Louisiana by the forms of "state capitalism" practiced by
the People's Republic of China and other communist countries; and
WHEREAS, predatory investments, the theft of intellectual property, and unfair trade
practices committed by companies and organizations that are subsidized by the governments
of China and other communist countries cause or threaten to cause harm to companies and
industries in the United States and the state of Louisiana including but not limited to the
state's shellfish and chemical industries; and 
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WHEREAS, the government of the state of Louisiana provides public funds to
encourage investment by companies and organizations in Louisiana, and such investments
affect Louisiana's existing industries, its workers, and its economic system of free enterprise.
THEREFORE, BE IT RESOLVED that the House of Representatives of the
Legislature of Louisiana does hereby urge and request the Department of Economic
Development to study investments and other commercial activities by state-owned
companies or organizations based in and subsidized by a communist country that are doing
business in Louisiana, particularly as they relate to the impact such investments and
commercial activities have on existing industries, worker safety, employment, the protection
of intellectual property, and competition in the state of Louisiana. 
BE IT FURTHER RESOLVED that the Department of Economic Development shall
submit a written report of its findings to the House of Representatives of the Legislature of
Louisiana by not later than sixty days prior to the convening of the 2019 Regular Session of
the Legislature. 
BE IT FURTHER RESOLVED that the House of Representatives of the Legislature
of Louisiana does hereby urge and request the state treasurer to certify that no public funds
have been used whether through incentives, abatements, or any other means to support
commercial activities, including investments, by companies or organizations that are owned
in whole or in part by a foreign government that is identified as a communist government
by the World Factbook of the United States Central Intelligence Agency.
BE IT FURTHER RESOLVED that the state treasurer shall submit a written report
verifying that the requested certification was performed, along with any findings he deems
relevant, to the House of Representatives of the Legislature of Louisiana by not later than
sixty days prior to the convening of the 2019 Regular Session of the Legislature.
BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the
secretary of the Department of Economic Development and the state treasurer. 
SPEAKER OF THE HOUSE OF REPRESENTATIVES
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