Recognizes the importance and superiority of electronic payments over cash and encourages the use of electronic payments.
The resolution calls for all state agencies in Louisiana to actively seek out opportunities to replace cash-based payment systems with electronic alternatives. This shift is expected to reduce costs for government, taxpayers, and citizens alike, while simultaneously aiming to curb the issues related to cash handling, including theft and inefficiencies. By promoting electronic payments, SCR90 anticipates an increase in tax revenue by stopping losses incurred through the cash economy, which is particularly beneficial for small businesses that face greater risks related to cash dealings.
SCR90 is a Senate Concurrent Resolution that recognizes the importance of electronic payments and encourages their use over traditional cash transactions. The resolution highlights the cost-effectiveness, safety, and convenience of electronic payments as compared to cash, citing research that illustrates the financial burdens associated with cash management and theft. It outlines the significant advantages that electronic systems provide for both government operations and citizen transactions, pushing for a shift toward more electronic-based payment methods in Louisiana.
The overall sentiment regarding SCR90 appears to be positive, with strong support from the legislative body, having passed with a vote of 30-1. Advocates of the resolution appreciate the potential for improved efficiency and safety that electronic payments offer. However, concerns may arise in discussions about the disenfranchisement of low-income citizens who rely on cash transactions, although these specific points were not deeply explored in the available discussions about the resolution.
While SCR90 enjoys broad support, the transition from cash to electronic payments could raise issues such as accessibility for communities less familiar with technology or lacking in financial infrastructure. Notably, the resolution encourages public engagement in embracing electronic payments, which may require education and outreach efforts to ensure that all citizens can benefit from the proposed changes without leaving underserved populations behind.