Louisiana Senate Bill SB270

Louisiana 2010 Regular Session

• Introduced: 3/29/10
• Refer: 3/29/10
• Report Pass: 4/12/10
• Engrossed: 4/20/10
• Refer: 4/21/10
• Report Pass: 5/11/10
• Enrolled: 5/18/10
• Chaptered: 5/26/10
• Passed: 5/26/10

Caption

Provides for annual royalty fee for prestige license plates for high schools.(07/01/10)

Impact

The implementation of SB270 is anticipated to have a positive financial impact on public and private high schools in Louisiana by providing them a consistent source of income derived from the royalty fees on special license plates. This policy encourages schools to engage in fundraising activities and promotes school pride through the distribution of customized plates that feature their designs. The bill's provisions will apply to all new issuance and renewals of these plates after July 1, 2010, allowing institutions to benefit from the program going forward.

Summary

Senate Bill No. 270 amends existing legislation regarding special prestige license plates associated with Louisiana public and private high schools. The bill establishes a new framework for collecting annual royalty fees from these schools for the use of their institutional designs on license plates. Specifically, the royalty fee has been set at twenty-five dollars for each license plate issued, which will be paid directly to the respective educational institution. This change aims to create a sustainable funding stream for high schools through the sale of custom license plates, potentially benefiting the local education systems.

Sentiment

The sentiment surrounding SB270 appears to be generally supportive, particularly among stakeholders in the education sector who value the financial incentive it provides. The ability of schools to receive funds from the royalty fees is viewed favorably by proponents who believe it enhances the educational resources available to students. However, there may be concerns regarding the administrative processes involved in collecting and managing these fees, which could impact the overall effectiveness of the program.

Contention

While significant contention appears to be absent from the discussions surrounding SB270, it may arise over how effectively the funds collected through these fees are utilized by schools and the operational implications of the new administrative responsibilities placed upon them. Opponents may argue that some schools might struggle with the complexity of managing these additional financial transactions, questioning whether the intended benefits of the bill will be realized uniformly across all Louisiana high schools.