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LA HR204
Resolution
Status
5/21/2025
Primary Sponsor
Joy Walters
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AI Summary
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Requests the Department of Transportation and Development study and take action on establishing the Louisiana Auto Manufacturing Fund to support automobile development and production in the state
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Requires DOTD to submit a report on the benefits of creating the fund to the House Committee on Transportation, Highways and Public Works by August 1, 2026
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Cites Louisiana's competitive advantages for auto manufacturing including workforce growth, low utility rates, and favorable business climate
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References the former GM Shreveport Assembly plant (closed August 2012) which at its peak employed over 4,000 workers with $160 million annual payroll and $4.5 million in annual tax revenue
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Notes that $50 million was provided to six other states with significant automotive workforces to help suppliers adapt
Legislative Description
Urges and requests that the legislature establish the Louisiana Auto Manufacturing Fund
TAX/CORP FRANCHISE
Last Action
Read by title, under the rules, referred to the Committee on Transportation, Highways and Public Works.
5/22/2025