Interested person should submit written comments on the proposed Rule to Sherri McConnell through the close of business on November 10, 2008, at P.O. Box 94185, Baton Rouge, LA 70804-9185 or 1051 North Third Street, Baton Rouge, LA 70802. Comments may also be submitted by email to email@example.com or by fax to 225-342-5403. A meeting for the purpose of receiving the presentation of oral comments will be held on November 25, 2008 at the Department of Economic Development, 1301 N. Third St., Baton Rouge, LA.
Stephen M. Moret
FISCAL AND ECONOMIC IMPACT STATEMENT FOR ADMINISTRATIVE RULES
RULE TITLE: Entertainment Workforce Training Award Program
I.ESTIMATED IMPLEMENTATION COSTS (SAVINGS) TO STATE OR LOCAL GOVERNMENT UNITS (Summary)
The proposed rules and the Entertainment Workforce Training Program will not result in a net effect on state and local governmental costs or expenditures. The Department of Economic Development anticipates expending $2 million in fiscal year 2008-2009 for the proposed Entertainment Workforce Training Program from existing statutorily dedicated funds reallocated from financial assistance and loan guarantees for small businesses. The Department anticipates meeting the workload requirements for the Entertainment Workforce Training Program with existing staff.
II.ESTIMATED EFFECT ON REVENUE COLLECTIONS OF STATE OR LOCAL GOVERNMENTAL UNITS (Summary)
There is no estimated effect on revenue collections of state or local governmental units associated with the proposed Rule.
III.ESTIMATED COSTS AND/OR ECONOMIC BENEFITS TO DIRECTLY AFFECTED PERSONS OR NONGOVERNMENTAL GROUPS (Summary)
Louisiana businesses will benefit from additional training funds, better trained and more productive employees, at a cost of some additional planning and paperwork requirements associated with the application process, reports and invoices for reimbursement. Louisiana employees will benefit from enhanced employment opportunities in the growing Louisiana entertainment industry.
IV.ESTIMATED EFFECT ON COMPETITION AND EMPLOYMENT (Summary)
The program's goal is to make workers more employable in the emerging Louisiana entertainment industry. The competiveness of Louisiana businesses should be enhanced as employees become better equipped to adapt to the demands of these new industries.
Robert E. Hosse
Legislative Fiscal Office
NOTICE OF INTENT
Department of Economic Development
Office of the Secretary
Regional Awards and Matching Grant Awards Program (LAC 13:III.Chapter 17)
The Department of Economic Development, Office of the Secretary and Office of Business Development,
as authorized by and pursuant to the provisions of the Administrative Procedure Act, R.S. 49:950 et seq., and in accordance with R.S. 36:104 and 36:108 hereby give notice of their intent to adopt the following Rule of the Regional Awards and Matching Grant Awards Program, and to create LAC 13:III.Chapter 17.
Louisiana Register Vol. 34, No. 10 October 20, 2008