SLS 10RS-1061 ORIGINAL
Page 1 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2010
SENATE BILL NO. 680
BY SENATOR SHAW
TAX/TAXATION. Provides relative to the due date of corporation income tax returns and
payments for nonprofit organizations. (8/15/10)
AN ACT1
To amend and reenact R.S. 47:287.614(A) and 287.651(A), relative to the due date of2
corporation income tax returns and payments for nonprofit organizations; to provide3
for an effective date; and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 47:287.614(A) and 287.651(A) are hereby amended and reenacted6
to read as follows: 7
§287.614. Time and place for filing returns; information concerning federal return;8
extension of time to file9
A. (1) Returns made on the basis of the calendar year shall be made and filed10
with the secretary at Baton Rouge, Louisiana, on or before the fifteenth day of April11
following the close of the calendar year. Returns made on the basis of a fiscal year12
shall be made and filed on or before the fifteenth day of the fourth month following13
the close of the fiscal year with the secretary at Baton Rouge, Louisiana.14
(2) Notwithstanding the provisions of Paragraph (1) of this Subsection,15
returns of organizations described in I.R.C. Sections 401(a) or 501 made on16
the basis of the calendar year shall be made and filed with the secretary at17 SB NO. 680
SLS 10RS-1061 ORIGINAL
Page 2 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Baton Rouge, Louisiana, on or before the fifteenth day of June following the1
close of the calendar year. Returns made on the basis of a fiscal year shall be2
made and filed on or before the fifteenth day of the sixth month following the3
close of the fiscal year with the secretary at Baton Rouge, Louisiana.4
* * *5
§287.651. Payment of tax6
A. Time of payment. 7
(1) The total amount of tax on a calendar year return imposed by this Part8
shall be paid on the fifteenth day of April following the close of the calendar year,9
or, if a calendar year return is filed before said due date, then the tax shall be paid10
when the return is filed; and, if the return is on the basis of a fiscal year, then the11
total amount of tax shall be paid on the fifteenth day of the fourth month following12
the close of the fiscal year, or, if a fiscal year return is filed before said due date, then13
the tax shall be paid when the return is filed.14
(2) Notwithstanding the provisions of Paragraph (1) of this Subsection,15
the total amount of tax imposed by this Part on organizations described in16
I.R.C. Sections 401(a) or 501 on a calendar year return shall be paid on the17
fifteenth day of June following the close of the calendar year, or, if a calendar18
year return is filed before said due date, then the tax shall be paid when the19
return is filed; and, if the return is on the basis of a fiscal year, then the total20
amount of tax shall be paid on the fifteenth day of the sixth month following the21
close of the fiscal year, or, if a fiscal year return is filed before said due date,22
then the tax shall be paid when the return is filed.23
(3) The full amount of tax disclosed by the return as filed shall constitute an24
assessment at that time and shall be recorded as an assessment in the records of the25
secretary.26
* * *27
Section 2. This Act shall become effective for all taxable periods beginning on or28
after January 1, 2009.29 SB NO. 680
SLS 10RS-1061 ORIGINAL
Page 3 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Danielle Doiron.
DIGEST
Present law requires nonprofit organizations that have unrelated business taxable income
(UBTI) to file a state income tax return and pay income tax on the (UBTI) no later than April
15, and to file a federal income tax return and pay income tax no later than May 15.
Proposed law requires nonprofit organizations to file a federal income tax return and pay
income tax no later than June 15.
Effective August 15, 2010
(Amends R.S. 47:287.614(A) and 287.651(A) )