RÉSUMÉ DIGEST
ACT 595 (SB 28) 2022 Regular Session Allain
Existing law conforms state partnership reporting adjustments to federal taxable income to
current federal partnership audit adjustments.
Prior law provided for the calculation of total distributive shares of federal adjustments
reported to tiered partners.
New law retains prior law and makes technical corrections to internal prior 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))