Louisiana Senate Bill SB225

Louisiana 2019 Regular Session

• Introduced: 4/10/19
• Refer: 4/10/19
• Report Pass: 5/6/19
• Engrossed: 5/8/19
• Refer: 5/9/19
• Report Pass: 5/20/19
• Enrolled: 5/31/19
• Chaptered: 6/11/19
• Passed: 6/11/19

Caption

Exempts certain purchases by student farmers from state sales and use tax. (8/1/19) (EN DECREASE GF RV See Note)

Impact

If enacted, SB 225 would significantly change the economic landscape for student farmers by reducing costs associated with essential farming supplies. By exempting purchases of essential agricultural inputs, the bill is expected to foster greater participation in agricultural education programs. Supporters argue that this initiative will promote youth involvement in farming, which is crucial for the future of agriculture and food sustainability.

Summary

Senate Bill 225 introduces a sales tax exemption for certain purchases made by student farmers in Louisiana. This legislation aims to alleviate financial burdens on young individuals engaged in agricultural education by exempting their purchases of feed, seed, and fertilizer from state sales and use taxes. The bill is designed to encourage agricultural participation and support education in farming practices for students under the age of 23 enrolled in programs like Future Farmers of America (FFA) and 4-H. The exemption is stipulated to be effective from July 1, 2018, through June 30, 2025, allowing student farmers to benefit during their formative years in agricultural studies.

Sentiment

The sentiment surrounding SB 225 has been generally positive among proponents of agricultural education. Supporters highlight the importance of supporting the next generation of farmers and recognize the financial implications that purchasing essential supplies can have on students. However, some concerns may arise regarding the potential impact of increased exemptions on state tax revenue, with opposition primarily based on fiscal responsibility rather than the bill's objective itself.

Contention

While there is broad support for SB 225, a point of contention could revolve around fiscal implications and the state's budgetary priorities. Critics might question whether the exemptions could detract from essential state revenues, which could affect funding for other programs. Nevertheless, supporters maintain that investing in future farmers is vital for the agricultural economy. The discussions have pointed to the necessity of finding a balance between fiscal policy and encouraging educational initiatives that will benefit the state in the long run.