Louisiana 2014 2014 Regular Session

Louisiana House Bill HB602 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of
the legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of
the law or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
Abramson	HB No. 602
Abstract: Provides for an individual income tax checkoff for donations to The Lighthouse for
the Blind in New Orleans, Inc.
Proposed law provides for an income tax checkoff under which an individual can donate all or a
portion of his state income tax refund to The Lighthouse for the Blind in New Orleans, Inc., in
lieu of that amount being paid as a refund.
Proposed law requires donated monies to be administered by the secretary of the Dept. of
Revenue and to be quarterly disbursed to The Lighthouse for the Blind in New Orleans, Inc. 
Proposed law authorizes the House Committee on Ways and Means, at its discretion, to request
reports from The Lighthouse for the Blind in New Orleans, Inc., relative to its operations.  The
form and content of the report shall be prescribed by the chairman of the committee but shall at a
minimum contain a detailed explanation of the revenues and expenditures, as well as a
description of the organization's activities. 
Effective for taxable years beginning on or after Jan. 1, 2015.
(Adds R.S. 47:120.231)