Louisiana 2014 2014 Regular Session

Louisiana House Bill HB602 Comm Sub / Analysis

                    Abramson (HB 602)	Act No. 249
New law provides for an individual income tax checkoff for donations to The Lighthouse for
the Blind in New Orleans, Inc. Requires donated monies to be administered by the secretary
of the Dept. of Revenue and to be quarterly disbursed to the organization. 
Proposed law authorizes the House Committee on Ways and Means 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 Jan. 1, 2015, and applicable for taxable years beginning on or after Jan. 1, 2015.
(Adds R.S. 47:120.231)