Louisiana House Bill HCR71

Louisiana 2020 Regular Session

• Introduced: 5/7/20
• Refer: 5/7/20
• Report Pass: 5/13/20
• Engrossed: 5/19/20
• Refer: 5/20/20
• Report Pass: 5/28/20
• Passed: 6/1/20

Caption

Authorizes and directs suspension of licensing fees imposed on businesses by state agencies and licensing boards (EN DECREASE SG RV See Note)

Impact

The resolution is particularly important in light of the economic fallout many businesses in Louisiana have experienced since the onset of the pandemic. By suspending the fees, the state legislature aims to ease the financial burden on local businesses, potentially leading to improved economic conditions and helping maintain the fabric of the communities that depend on these businesses. However, the resolution does specify that it does not apply to state agencies that cannot operate effectively with reserve funds, which may limit its reach for some entities.

Summary

House Concurrent Resolution 71 (HCR71) authorizes the suspension of licensing fees imposed on businesses by state agencies and licensing boards in Louisiana in response to economic difficulties brought about by the COVID-19 pandemic. The resolution is aimed at providing businesses some financial relief as they attempt to recover and reopen amid the ongoing challenges due to social distancing measures and the impacts of the pandemic. Specifically, HCR71 calls for the suspension of these fees on license renewals from July 1, 2020, through June 30, 2021, allowing businesses to direct their limited resources toward recovery efforts.

Sentiment

Overall, the sentiment surrounding HCR71 appears to be positive, as it reflects a proactive approach by the legislature to support businesses during an unprecedented crisis. Many stakeholders are likely to view this resolution favorably, as it aims to mitigate some immediate financial pressures. However, concerns might exist among certain legislative members or oversight bodies regarding the long-term financial implications of suspending such fees, particularly for agencies that rely on them as a revenue source.

Contention

While HCR71 primarily seems to garner support as a necessary measure for economic recovery, there may be points of contention regarding the balance between helping local businesses and ensuring that state agencies remain funded and operational. Critics might question whether suspending these fees could lead to insufficient funding for regulatory bodies, potentially impacting their effectiveness in managing the sectors they oversee.