Louisiana House Bill HB60

Louisiana 2019 Regular Session

• Introduced: 3/13/19
• Refer: 3/13/19
• Refer: 4/8/19
• Report Pass: 4/15/19
• Engrossed: 4/23/19
• Refer: 4/24/19
• Report Pass: 5/20/19
• Refer: 5/21/19

Caption

Provides for the effectiveness of certain sales and use tax holidays (RE1 -$4,900,000 GF RV See Note)

Impact

If enacted, HB 60 would positively impact consumers by reinstating tax exemptions on substantial purchases, particularly those related to firearms and emergency preparedness. This measure aims to stimulate local sales for businesses in these sectors and bolster consumer confidence during periods of increased sales activity, such as before hurricane season or associated with hunting traditions. Additionally, the restoration of these tax holidays could promote social responsibility by encouraging citizens to be proactive about safety and preparedness.

Summary

House Bill 60 pertains to the reinstatement of certain sales and use tax holidays that were previously suspended through June 30, 2025. This bill emphasizes the Annual Louisiana Second Amendment Weekend sales tax holiday, which allows consumers to purchase firearms, ammunition, and hunting supplies without incurring state sales tax during the designated days. Furthermore, the bill reintroduces exemptions for hurricane preparedness items, supporting citizens in their preparation for severe weather events by facilitating their ability to obtain essential supplies tax-free.

Sentiment

The general sentiment surrounding HB 60 appears to be favorable among many legislators and constituents who view the tax holidays as beneficial for consumer rights and commercial growth. Supporters argue that reinstating these tax holidays is a way to honor citizens' rights to obtain firearms while also preparing for emergencies without the burden of additional taxes. However, there may be some contention from opponents who argue that these tax exemptions disproportionately favor specific industries, raising discussions around equitable tax policy.

Contention

Notable points of contention may arise concerning the balance between tax incentives for firearms sales versus the implications for public safety measures. While proponents celebrate the renewed support for individuals exercising their Second Amendment rights, there may be concerns raised about the consequences of increased access to firearms and what it may mean for gun safety legislation. This tension could spark a broader debate about state versus federal regulations concerning both taxation and firearms.