HLS 21RS-1286 ORIGINAL 2021 Regular Session HOUSE RESOLUTION NO. 32 BY REPRESENTATIVE TARVER APPROPRIATIONS: Requests the Louisiana Legislature to prioritize spending monies received by the state from the American Rescue Plan Act of 2021 on certain existing obligations 1 A RESOLUTION 2To urge and request the Louisiana Legislature to prioritize spending the state portion of 3 monies received pursuant to the American Rescue Plan Act of 2021 (P.L. 117-2) in 4 a strategic manner on certain key state obligations. 5 WHEREAS, earlier this year, in response to the COVID-19 pandemic that continues 6to disrupt daily life for millions of Americans, congress passed the American Rescue Plan 7Act of 2021 (P.L. 117-2); and 8 WHEREAS, the American Rescue Plan Act of 2021 is a multi-trillion dollar package 9of relief legislation that will send billions of dollars directly to states and local governments 10for COVID-relief efforts; and 11 WHEREAS, Louisiana anticipates receiving $3.2 billion from this Act which the Act 12dedicated for costs incurred to respond to the COVID-19 health emergency, to supplement 13incomes of eligible workers; to provide government services; and to make necessary 14investments in water, sewer, or broadband infrastructure; and 15 WHEREAS, Louisiana faces multiple sizeable expenditures in the next several years, 16including infusing capital into a completely depleted Unemployment Compensation Fund 17and liquidating a steadily increasing loan balance with the Federal government in order to 18continue paying unemployment benefits to eligible recipients; an outstanding debt of over 19$1 billion to the federal government for the Hurricane and Storm Drainage Risk Reduction 20System; and required debt defeasance payments on over $7 billion in state debt; and Page 1 of 2 HLS 21RS-1286 ORIGINAL HR NO. 32 1 WHEREAS, despite these looming and potentially devastating payments, Louisiana 2is in a fortunate position in that it is scheduled to receive an unprecedented amount of federal 3dollars at a time when it is facing crippling expenditures. 4 THEREFORE, BE IT RESOLVED that the House of Representatives of the 5Legislature of Louisiana does hereby declare that it is a priority to spend monies allocated 6to the state by the American Rescue Plan Act of 2021 in a responsible manner and further 7urges and requests the full legislature to prioritize spending these monies on shoring up the 8state's Unemployment Compensation Fund, making payments on the Hurricane and Storm 9Drainage Risk Reduction System, and liquidating outstanding state debt obligations. 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 32 Original 2021 Regular Session Tarver Declares that it is a priority to spend monies allocated to the state by the American Rescue Plan Act of 2021 (P.L. 117-2) in a responsible manner and further urges and requests the full legislature to prioritize spending these monies on shoring up the state's Unemployment Compensation Fund, making payments on the Hurricane and Storm Drainage Risk Reduction System, and liquidating outstanding state debt obligations Page 2 of 2