Louisiana House Bill HB458

Louisiana 2011 Regular Session

• Introduced: 4/25/11
• Refer: 4/25/11
• Refer: 5/10/11
• Refer: 5/11/11
• Report Pass: 5/16/11
• Engrossed: 5/23/11
• Refer: 5/24/11
• Report Pass: 6/6/11
• Enrolled: 6/15/11
• Chaptered: 6/20/11
• Passed: 6/20/11

Caption

Creates an individual income tax return checkoff for donations to the La. Food Bank Association (EN NO IMPACT GF RV See Note)

Impact

The impact of HB 458 on state laws centers around creating a dedicated funding stream for the Louisiana Food Bank Association. It establishes the Louisiana Food Bank Association Fund, which will hold and administer the contributions made by taxpayers. This could potentially enhance the financial resources available to food assistance programs across the state, ultimately aiding in the fight against hunger and providing necessary services to vulnerable populations.

Summary

House Bill 458 establishes a mechanism for individuals filing their income tax returns in Louisiana to donate a portion of their tax refunds to the Louisiana Food Bank Association. The bill introduces an income tax checkoff system, allowing taxpayers to designate an amount of their tax refund to be directed towards the food bank instead of receiving the full refund amount. This initiative aims to increase funding for the food bank through voluntary taxpayer contributions during the filing of income tax returns.

Sentiment

The sentiment surrounding the bill seems to be predominantly positive, reflecting a collective effort to address food insecurity in Louisiana. Legislators have expressed support for initiatives that link tax refunds to social causes, viewing this as an opportunity to promote community welfare and civic engagement. The bill passed unanimously in the Senate, indicating broad bipartisan support for its goals and objectives. However, concerns may arise regarding the effectiveness of the program and the actual impact on food bank revenues, particularly in light of fluctuating tax refund amounts.

Contention

A notable point of contention may revolve around the potential limits of individual donations and whether such a system can adequately replace more traditional forms of funding for food banks. While the checkoff system encourages voluntary contributions, there are questions about reliance on this funding approach and its sustainability. Additionally, ensuring awareness among taxpayers about this option when filing their returns could pose challenges that may affect actual participation rates in the program.