Louisiana House Bill HCR229

Louisiana 2010 Regular Session

• Introduced: 6/7/10
• Engrossed: 6/8/10
• Passed: 6/9/10

Caption

Memorializes congress to direct available federal funding for the purpose of enhancing the monetary and workforce value at the General Motors/Motors Liquidation Assembly Facility

Impact

The bill emphasizes the importance of the General Motors facility to the local economy, where its closure would lead to significant job losses and economic downturns in Shreveport and the surrounding parishes. With a history of contributing substantial payrolls, property taxes, and charitable contributions, the facility's output is deemed vital for maintaining economic stability in the state of Louisiana. The resolution advocates for federal resources to facilitate the plant's potential conversion into a site for manufacturing advanced technology vehicles, which could bolster the automotive industry and provide new job opportunities.

Summary

House Concurrent Resolution 229 (HCR229) memorializes the U.S. Congress to direct available federal funding towards enhancing both the monetary and workforce values at the General Motors/Motors Liquidation Assembly Facility in Shreveport, Louisiana. The resolution calls for utilizing programs like the federal Advanced Technology Vehicles Manufacturing Loan Program to support this initiative. It highlights the facility's historical significance as a major employer and economic contributor to the surrounding regions, underlining the potential negative impacts on local economies should the facility cease operations entirely.

Sentiment

General sentiment surrounding HCR229 appears to be one of urgency and support for revitalizing local jobs against a backdrop of economic uncertainty. There is a recognition of the potential for advanced technology vehicles to not only provide jobs but also to meet future transportation needs sustainably. However, there may also be concerns about the reliance on federal funding and how effectively those resources can be mobilized to address the economic challenges faced by displaced workers.

Contention

One notable point of contention could revolve around the potential feasibility of transforming the assembly plant into a hub for advanced technology vehicles, especially in the context of market demand and the competitive landscape of the automotive industry. While supporters may see this transformation as a necessary step toward economic recovery, critics may question the sustainability of this approach and whether such funding would be utilized effectively to create lasting employment opportunities.