While the Senate was looking at HCR 129 on June 23rd (2011), the Louisiana Board of Regents was meeting and talking about various things, including HCR 129 and the status of LOUIS and its funding. Here's a clip of that, at about 3 1/2 minutes:
You can see the full original video of the entire meeting here.
Dr.Belle Wheelan, President of SACSCOC (Southern Association of Colleges and Schools Commission on Colleges) sent this letter to key state and higher education officials recently. Here is a PDF scan of the letter.
Here also is a computer-read text copy if you do not prefer PDF...