Louisiana 2020 Regular Session

Louisiana Senate Bill SB217

Introduced
2/27/20  
Introduced
2/27/20  
Refer
2/27/20  

Caption

Provides relative to rebates to certain businesses domiciled in certain parishes for use of certain bridges and tunnels. (8/1/20) (OR DECREASE GF RV See Note)

Impact

The bill proposes to enhance economic activity by incentivizing businesses to utilize the bridge, thus theoretically supporting local commerce and transportation efficiency. By providing rebates, the legislation aims to reduce operational costs for eligible businesses, encouraging greater use of this transportation route. The implementation of the program will require the DOTD to develop operational guidelines and processes for approving rebates, indicating an administrative component to ensure compliance and accountability in the disbursement of funds.

Summary

Senate Bill 217 authorizes an annual rebate for tolls paid by qualified businesses traveling on the Judge Perez Bridge, also known as the Belle Chasse Bridge. This bridge provides critical access across the Gulf Intracoastal Waterway, particularly for commercial transport. The bill aims to alleviate some of the financial burdens associated with tolls on the bridge for businesses operating within certain population constraints in Louisiana. To qualify for the rebate, businesses must own at least five vehicles and be certified by the Department of Transportation and Development (DOTD). The rebate amount will not exceed the total toll fees paid by the business during the calendar year.

Sentiment

Sentiment around SB 217 appears largely supportive, particularly among local business owners who would benefit from the cost savings associated with toll rebates. Stakeholders have cited the importance of encouraging business operations in areas served by the Judge Perez Bridge, especially as it pertains to logistics and transportation. However, there are concerns regarding the fiscal implications for the state's revenue from toll collections and whether the rebate program could lead to reduced funding for bridge maintenance and infrastructure improvements.

Contention

While the primary focus of SB 217 is to provide financial relief to specific businesses, some legislators and community members have raised questions regarding the fairness of the rebate criteria, particularly the population parameters of the qualifying parishes. Additionally, discussions surrounding the long-term financial sustainability of the rebate program versus immediate economic benefits have emerged as notable points of contention. The balance between aiding businesses and ensuring adequate funding for public infrastructure remains a critical aspect of the deliberations surrounding this bill.

Companion Bills

No companion bills found.

Previously Filed As

LA HB503

Provides for a refundable individual income tax credit for residents of parishes that contain certain toll bridges (OR DECREASE GF RV See Note)

LA HB958

Creates the Competitive Projects Payroll Incentive Program which grants rebates to certain qualifying businesses (EN DECREASE GF RV See Note)

LA HB324

Authorizes an income tax rebate for donations to certain schools (RE DECREASE GF RV See Note)

LA SB542

Authorizes state sales and use tax rebate contracts for certain businesses. (7/1/12) (OR SEE FISC NOTE GF RV See Note)

LA HB1106

Authorizes a rebate for donations to certain public schools (EN DECREASE GF RV See Note)

LA SB141

Provides a rebate for TOPS recipients who complete a baccalaureate degree in three years. (8/1/18) (OR DECREASE GF RV See Note)

LA HB827

Provides relative to sales and use tax rebates on the sale of certain communications and data center equipment (EN DECREASE GF RV See Note)

LA SB390

Provides incentive rebates for oil and gas exploration and production. (gov sig) (OR DECREASE GF RV See Note)

LA HB173

Provides for continued effectiveness of reductions in the amount of certain rebates (OR +$15,000,000 GF RV See Note)

LA SB493

Makes permanent reductions to certain tax incentive rebate programs. (gov sig) (RE INCREASE GF RV See Note)

Similar Bills

No similar bills found.