Provides for an individual tax return checkoff for donations for the cost of decorative lighting on the Crescent City Connection Bridge (EN NO IMPACT GF RV See Note)
Impact
The implementation of HB 416 will modify existing tax legislation by introducing new subsections in the Louisiana Revised Statutes, outlining the procedures for how individuals can make these donations during their tax filings. The funds collected through this mechanism will be administered by the state’s Department of Transportation and Development, ensuring that the donations are utilized solely for the designated uses. This bill could provide a new funding source that may alleviate state budget concerns around maintaining these public amenities.
Summary
House Bill 416 introduces a mechanism for Louisiana taxpayers to voluntarily allocate part of their income tax refund to support the maintenance of decorative lighting on the Crescent City Connection and the operation of New Orleans ferries. This initiative allows individuals who are eligible for a tax refund to choose to donate all or a portion of their refund for these specific purposes, instead of receiving the entire refund amount. The intent is to create a financial stream that directly contributes to enhancing city infrastructure and services associated with these significant local features.
Sentiment
The overall sentiment surrounding HB 416 appears to be positive, particularly among proponents who see the potential benefits of increasing community contributions towards local maintenance efforts. Supporters argue that this voluntary donation approach offers an innovative solution to enhance the aesthetic and functional aspects of New Orleans' infrastructure. However, there may be dissenting opinions among critics who might question the reliance on voluntary donations for essential public services, emphasizing the need for more stable and comprehensive funding solutions.
Contention
While HB 416 is primarily positioned as a voluntary contribution vehicle, there could be debates on its effectiveness and the adequacy of funds it might generate. Some stakeholders may argue that a reliance on tax refund donations could lead to underfunding of essential services if not properly monitored. Furthermore, discussions may arise regarding the fairness of this funding method, particularly for lower-income taxpayers who may have less ability to donate compared to wealthier individuals. Thus, while the bill aims to provide funding for important local projects, it also opens the door for broader conversations about funding public infrastructure.
Provides for donations from personal income tax for the Louisiana Coalition Against Domestic Violence, Inc., through a checkoff box on state income tax returns. (8/1/13) (EN NO IMPACT GF RV See Note)
The Louisiana Make-A-Wish Act to provide an individual income tax return checkoff for donations to the Make-A-Wish Foundation (EN NO IMPACT GF RV See Note)
Creates an individual income tax return checkoff for donations to the establishment and operation of a center of excellence for autism spectrum disorder (EN NO IMPACT GF RV See Note)