Innovation – and the technology that comes from it – has made all of our lives better in almost incalculable ways. Whether its access to clean water, transportation that can take us anywhere we want to go, or the information revolution, many of us would be lost without these technologies. Yet when it comes to technology advancements, government often gets in the way. Rules and regulations make it difficult for innovators to improve our lives. Louisiana often lags behind in embracing new technology stifling innovation and job creation while also hurting consumers in the process.
Despite advances in technology over the years, Louisiana lags behind in embracing many of these innovations.
Louisiana is one of only a handful of states that doesn’t have a ridesharing regulatory framework. This forces many companies to navigate a patchwork of local regulations, while leaving many drivers jobless and many consumers without a ride. NOTE: This major reform passed during the 2019 regular legislative session and was signed into law.
Like many sectors of the state, Louisiana is stuck in a protectionist mindset. Entrenched special interests lobby the government for more regulation. As a result, new and innovative businesses are often not able to compete or even operate in the state.
Like its roads and bridges, Louisiana lags behind in technology infrastructure. Meaning that many companies, which were to build in Louisiana, don’t have the tools needed to set up shop.
If one technology company comes to a state, more often follow. But if Louisiana can’t attract the first companies with a solid regulatory environment, there is little to be done to jumpstart that ecosystem.
Establish a culture of light touch government regulation, allowing new companies to innovate without asking the government for permission.
Create statewide regulatory frameworks as seen in other states for industries such as ridesharing, home-sharing, and micro-transportation,
Remove barriers to high speed internet deployment so both urban and rural Louisianans have access to reliable, inexpensive, and quick internet services.
Utilize current technologies to make government more transparent and efficient for the citizens of Louisiana.
Allow existing industries to employ new technological advancements. One example is the expansion telemedicine, allowing rural communities access to healthcare.
Ensure that technology is utilized in schools so students are ready for the 21st century economy.
Click here to view our comprehensive solutions paper, on which we partnered with the National Taxpayers Union Foundation, titled Post-Wayfair Sales Tax Reform in Louisiana.
FROM THE MAKERS OF FISCAL CLIFF, IT'S BALANCED BUDGET!