Urges and requests the Department of Agriculture to study the economic impact of current and potential rules and regulations regarding forest crops
Impact
The resolution addresses concerns regarding the economic viability of the forest industry in Louisiana, particularly in light of current practices that include timber severance taxes, property taxes, and various local fees. The potential burden of these financial requirements may deter participation from businesses involved in harvesting and transporting forest crops. By urging a comprehensive study, HR168 seeks to inform better policy decisions that would favor economic growth while ensuring that the interests of local governments in revenue generation from these industries are balanced against the need for a conducive business environment.
Summary
House Resolution 168, introduced by Representative McFarland, calls for the Department of Agriculture to conduct a study examining the economic impact of existing and potential rules and regulations pertaining to forest crops in Louisiana. As a vital agricultural commodity valued at approximately $3.6 billion, forest crops represent a significant sector within the state’s economy, directly influencing employment through the forest products industry, which is the second-largest manufacturing employer in Louisiana. Additionally, the resolution emphasizes the importance of understanding how local regulations, permits, and taxes specifically impact this industry.
Sentiment
The sentiment surrounding HR168 appears to be supportive of the forest industry's interests, as it recognizes the essential role this sector plays in the state's economy. Stakeholders likely view the resolution as a proactive step toward reevaluating and potentially streamlining regulations that may hinder growth. Additionally, the emphasis on a study suggests a desire for data-driven recommendations that can inform future legislative actions, reflecting a balanced approach to regulation and economic development.
Contention
While the resolution itself does not propose changes to existing laws directly, it highlights notable points of contention regarding the existing burdens of local and state regulations. Critics may argue that broader discussions or actions are needed to address the effects of these regulatory measures on the forest products industry. Moreover, there may be divergent views on the implications of these regulations among various stakeholders, including local governments that rely on these taxes and fees for infrastructure and services, and industry representatives seeking deregulation to foster economic growth.
Urges and requests the Louisiana Department of Agriculture and Forestry to study and make recommendations on ways to increase urban forestry in the state.
Urges and requests the Department of Wildlife and Fisheries and the Department of Agriculture and Forestry to evaluate feral hog toxicants and seek opportunities to cooperate
Urges and requests the Dept. of Economic Development to study the economic impact of the legislature authorizing a tax credit for certain barge line, towing, and water transportation companies
Urges and requests the Dept. of Economic Development to study the economic impact of the legislature authorizing a tax credit for certain barge line, towing, and water transportation companies
Requests the Department of Transportation and Development to study solutions to the buildup of sediment around Louisiana ports and to consult with the Department of Agriculture and Forestry.