Louisiana House Bill HB755

Louisiana 2016 Regular Session

• Introduced: 3/4/16
• Refer: 3/4/16
• Refer: 3/14/16
• Report Pass: 4/5/16
• Engrossed: 4/14/16
• Refer: 4/18/16
• Report Pass: 4/25/16
• Enrolled: 5/4/16
• Chaptered: 5/10/16
• Passed: 5/10/16

Caption

Re-creates the Department of Revenue (EN NO IMPACT GF EX See Note)

Impact

The re-creation of the Department of Revenue is significant as it ensures the state's ability to manage and collect taxes, thereby impacting the state's budget and financial health. By establishing a clear termination date for the Department's entities, the bill helps maintain regulatory consistency and allows for planned transitions within the state's governance framework. The legislative action reflects an ongoing commitment to ensure that the Department operates effectively to support state revenue processes.

Summary

House Bill 755 aims to re-create the Department of Revenue in Louisiana, establishing a set timeline for its statutory authority. The bill states that the authority for the Department and its associated statutory entities will continue to exist until July 1, 2020, at which point it will cease unless re-created in accordance with state law. This bill was intended to ensure the continued operation of the Department to oversee revenue collection and related functions critical for the state's financial management.

Sentiment

The sentiment surrounding HB 755 appears to be neutral to positive, as it received a majority vote in the Senate with 35 in favor and only 1 opposed. This strong support suggests that legislators view the re-creation of the Department of Revenue as necessary for effective state governance. However, there could be underlying concerns about the financial implications and future governance of the Department that warrant further discussion.

Contention

Although the bill did not generate significant public contention as reflected by the voting outcome, concerns may arise around the costs associated with re-creating and maintaining the Department's operations. Additionally, discussions might highlight the need to ensure that the renewal and authority of such departments align with legislative priorities without overreaching state control or disrupting local governance, especially given the significance of revenue collection.