Louisiana House Bill HB405

Louisiana 2024 Regular Session

• Introduced: 2/29/24
• Refer: 2/29/24
• Refer: 3/11/24
• Report Pass: 3/18/24
• Engrossed: 3/25/24
• Refer: 3/26/24
• Report Pass: 4/8/24
• Enrolled: 4/30/24
• Chaptered: 5/8/24
• Passed: 5/8/24

Caption

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

Impact

The re-creation of the Department of Revenue aims to simplify governance related to state financial operations. By establishing a clear timeline for the termination and re-creation of the department and its entities, the bill seeks to avert potential disruptions in revenue collection and management at the state level. This structured approach ensures that the department remains functional and responsive to the evolving needs of the state, ultimately impacting how tax revenues are handled and ensuring compliance with state financial regulations.

Summary

House Bill 405 aims to re-create the Department of Revenue in Louisiana, ensuring its statutory authority continues effective June 30, 2024. This law is significant as it allows for the continuation of operations and the authority of all statutory entities associated with the department. The expiration of this authority is set for July 1, 2029, unless the department is re-created again before that date. This bill can be seen as a proactive measure to maintain government efficiency and operational continuity within the state's revenue system.

Sentiment

The sentiment surrounding HB 405 is largely supportive among legislators, emphasizing government continuity and efficiency. By ensuring that the Department of Revenue retains its authority, proponents argue that the state will maintain a stable and streamlined approach to revenue collection. There seems to be a consensus regarding the importance of this legislation for the state's financial administration, reflecting a pragmatic viewpoint rather than polarizing debate.

Contention

Notably, the bill does not appear to have significant points of contention, as evidenced by the unanimous support seen in its voting history. With a final passage vote of 37-0 in the Senate, there is a clear acknowledgment among lawmakers of the necessity to maintain the Department of Revenue's operations. This suggests a collaborative approach towards ensuring that legislative authority is well-managed and responsive to the financial needs of Louisiana.