Louisiana 2010 Regular Session

Louisiana House Bill HB1164

Introduced
3/29/10  

Caption

Establishes licensing and financial requirements for certain sand, gravel, and limestone activities

Impact

The bill introduces specific financial stipulations, including a requirement for applicants to demonstrate a net worth of at least $10,000 and provide a performance bond of up to $100,000 for reclamation purposes. These measures are intended to ensure that any disturbed land is returned to its original condition post-extraction, thereby mitigating potential environmental damage. Additionally, it seeks to create a more structured approach towards managing the extraction of natural resources within the state, aiming to protect public interest and maintain ecological balance.

Summary

House Bill 1164 establishes the licensing and financial requirements for activities involving the sale and development of sand, gravel, and limestone. The bill mandates that any individual or entity intending to conduct such operations must first obtain a permit from the commissioner of conservation. This requirement aims to regulate the extraction of these resources and ensure responsible environmental practices through financial accountability measures, such as performance bonds.

Sentiment

The sentiment around HB 1164 has been generally positive among environmental advocates and regulatory bodies, who view the bill as a necessary step towards safeguarding natural landscapes and ensuring that commercial entities are held accountable for their environmental impact. However, some business representatives and opponents may argue that increased financial requirements could deter smaller companies from engaging in these activities, potentially leading to market consolidation and reduced competition.

Contention

Notable points of contention regarding the bill include the financial burden placed on smaller operators, who may find it difficult to meet the stipulated financial requirements. Critics argue that while the intent of the bill is commendable in terms of environmental protection, the practical implications could limit access to the market for smaller businesses, creating a barrier to entry. Furthermore, there may be concerns regarding the enforcement of these measures and whether the commissioner of conservation will have adequate resources to monitor compliance effectively.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.