The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Leonore Heavey.
DIGEST
SB 242 Original 2022 Regular Session Allain
Present law authorizes interest to be added to the amount of local sales and use tax due when a
taxpayer fails to pay all or part of the tax due on or before the due date.
Proposed law provides for a maximum rate of interest for local sales and use tax of one percent per
month for taxes that become due on or after Jan. 1, 2023.
Present law authorizes penalties for the late filing of local sales and use tax returns and the late
payment of local sales and use tax.
Proposed law provides that the penalties for late filing and late payment accrue from the due date
of the return until the return is filed and from the due date of the tax until the tax is paid.
Present law authorizes interest to be added to refunds of local sales and use tax when a taxpayer
overpays the tax.
Proposed law provides that the interest rate for refunds of overpayments of local sales and use tax
for taxes that become due on or after Jan. 1, 2023, will be the same rate charged on tax obligations
set forth in proposed law.
Effective August 1, 2022.
(Amends R.S. 47:337.69(B) and 337.80(A)(4)(b); adds R.S. 47:337.69(C) and 337.70(A)(4))