RÉSUMÉ DIGEST
ACT 33 (SB 33) 2020 Regular Session Hensgens
Prior law authorized a taxpayer to donate any portion of his state income tax refund to a
donee listed on the tax return form as a checkoff.
Prior law required that a checkoff donation be removed from the tax return form if donations
to a particular donee do not equal $10,000 or more for two consecutive years.
New law retains these provisions but exempts Dreams Come True, Inc. from the $10,000
requirement. Further provides that this exemption will expire on January 1, 2024.
New law applies to taxable years beginning on or after January 1, 2020.
Effective August 1, 2020.
(Amends R.S. 47:120.37(B); adds R.S. 47:120.141(D))