Louisiana Senate Bill SCR129

Louisiana 2010 Regular Session

• Introduced: 6/16/10
• Passed: 6/17/10
• Engrossed: 6/17/10
• Refer: 6/18/10

Caption

Requests the Senate Revenue and Fiscal Affairs Committee and the House Ways and Means Committee to study the re-creation of the Louisiana Environmental Scorecard program and to present their findings to the Louisiana Legislature prior to the 2011 Regular Session.

Impact

The implications of re-establishing the Louisiana Environmental Scorecard program are significant. It aims to restore a balance between economic development incentives and environmental protection, suggesting that companies could receive economic benefits only if they demonstrated responsible environmental practices. This linkage could promote cleaner operations within industries receiving tax exemptions and help improve overall environmental health in Louisiana, particularly during periods of economic and environmental distress as highlighted in the resolution.

Summary

SCR129 requests that the Senate Revenue and Fiscal Affairs Committee and the House Ways and Means Committee meet jointly to study the potential re-creation of the Louisiana Environmental Scorecard program. This program, which was originally developed during the administration of Governor Charles 'Buddy' Roemer, linked economic incentives such as industrial tax exemptions to a company's adherence to environmental regulations. The resolution calls for the committees to present their findings to the Louisiana Legislature prior to the 2011 Regular Session, indicating a proactive approach towards re-evaluating economic policies in light of environmental considerations.

Sentiment

Broadly, the sentiment surrounding SCR129 appears supportive, as it emphasizes the need for an integrated approach to economic development that also considers environmental impact. By urging the committees to examine the scorecard program, it suggests a legislative intent to prioritize jobs and economic incentives for companies that promote environmental safety, thereby appealing to both economic and ecological advocates within the state.

Contention

While the resolution positions the re-creation of the Louisiana Environmental Scorecard program favorably, potential points of contention may arise regarding how the scoring system would be implemented and the criteria for awarding tax exemptions. Stakeholders may have differing views on whether the balance struck between economic incentives and environmental responsibility can be effective without unduly burdening businesses. Additionally, discussions may include whether such programs can genuinely influence corporate behavior or if they merely serve as a formality in light of economic pressures.