The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Leonore Heavey.
DIGEST
SB 348 Original 2018 Regular Session Appel
Present law authorizes the assessment of a penalty for employers that do not withhold the correct
amount of tax.
Proposed law provides that the penalty for failure to remit the correct amount of withholding tax
shall not apply if the failure to do so was because the employer did not immediately begin using the
2018 withholding tables.
Present law authorizes the assessment of a penalty for individuals who underpay their estimated
income tax.
Proposed law provides that the taxpayer will be considered to have acted in good faith for purposes
of the application of the penalty waiver of the penalty if the underpayment was due to the failure of
the individual's employer to begin using the 2018 withholding tables timely.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Adds R.S. 47:113.1 and 118(I)(3))