The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Leonore Heavey.
DIGEST
SB 28 Engrossed 2022 Regular Session Allain
Present law conforms state partnership reporting adjustments to federal taxable income to current
federal partnership audit adjustments.
Present law provides for the calculation of total distributive shares of federal adjustments reported
to tiered partners.
Proposed law retains present law and makes technical corrections to internal present law references
regarding the calculation of total distributive shares of federal adjustments reported to tiered partners.
Effective August 1, 2022.
(Amends R.S. 47:201.2(C)(3)(b)(iv) and (v))