HLS 20RS-1344 ORIGINAL
2020 Regular Session
HOUSE CONCURRENT RESOL UTION NO. 40
BY REPRESENTATIVES WRIGHT AND DAVIS
TAX: Directs the Dept. of Revenue to develop data on the projected impact the COVID-19
pandemic will have on Louisiana business revenue in 2020 and on net operating loss
carry forward tax deductions for future tax filings
1 A CONCURRENT RESOL UTION
2To direct the Department of Revenue to develop and make public data on the projected
3 impact of the COVID-19 pandemic on Louisiana business revenue in 2020 and on
4 net operating loss carry forward deductions for future tax filings.
5 WHEREAS, the Department of Revenue has the resources and staff necessary to
6accurately and comprehensively track and develop data for the projected financial impact
7the COVID-19 pandemic will have on Louisiana businesses; and
8 WHEREAS, the fiscal impact of the unprecedented pandemic on Louisiana
9businesses is anticipated to be severe and could subject businesses to significant economic
10losses; and
11 WHEREAS, providing businesses with information about the projected economic
12impact of the COVID-19 pandemic will allow for better financial planning and economic
13recovery.
14 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby
15direct the Department of Revenue to develop and make public data on the projected impact
16of the COVID-19 pandemic on Louisiana business revenue in 2020 and on net operating loss
17carry forward deductions for future tax filings.
18 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the
19Department of Revenue.
Page 1 of 2 HLS 20RS-1344 ORIGINAL
HCR NO. 40
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HCR 40 Original 2020 Regular Session Wright
Directs the Dept. of Revenue to develop and make public data on the projected impact of the
COVID-19 pandemic on La. business revenue in 2020 and on net operating loss carry
forward deductions for future tax filings.
Page 2 of 2