House Resolution No. by Representative Lyons directs the Louisiana Economic Development (LED) department to provide a detailed report to the House of Representatives regarding its expenditures and available funds for the 2026-2027 Fiscal Year. The report is intended to outline the various programs and initiatives that these funds can support, with a focus on encouraging economic growth and development in Louisiana. The resolution emphasizes the importance of transparency and communication between LED and the legislature to facilitate the state's economic development goals.
The report must include specific information such as the types of expenditures and resources under LED's purview, the projects that can be funded, the potential for using multiple funds for similar projects, recommendations for addressing food insecurity zones, and the anticipated economic impact of proposed initiatives. LED is required to submit this report by January 1, 2027, to both the House of Representatives and the David R. Poynter Legislative Research Library, ensuring that lawmakers are well-informed about the resources available for economic development efforts in the state.