SLS 23RS-176 ORIGINAL
2023 Regular Session
SENATE BILL NO. 61
BY SENATOR STINE
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
TAX/INCOME/PERSONAL. Creates an individual income tax checkoff for donations for
Holden's Hope. (8/1/23)
1 AN ACT
2 To enact Subpart FFF of Part I of Chapter 1 of Subtitle II of Title 47 of the Louisiana
3 Revised Statutes of 1950, to be comprised of R.S. 47:120.391, relative to individual
4 income tax refund checkoff donations; to authorize a refund checkoff donation for
5 Holden's Hope; to provide for the administration and disbursement of donated
6 monies; and to provide for related matters.
7 Be it enacted by the Legislature of Louisiana:
8 Section 1. Subpart FFF of Part I of Chapter 1 of Subtitle II of Title 47 of the
9 Louisiana Revised Statutes of 1950, comprised of R.S. 47:120.391, is hereby enacted to read
10 as follows:
11 SUBPART FFF. HOLDEN'S HOPE
12 ยง120.391. Income tax checkoff; donation for Holden's Hope
13 For tax years beginning on and after January 1, 2023, every individual
14 who files an individual income tax return for the current tax year and who is
15 entitled to a refund may designate on his current year return that all or any
16 portion of the total amount of the refund to which he is entitled shall be donated
17 to Holden's Hope, in lieu of that amount being paid to him as a refund, in which
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 61
SLS 23RS-176 ORIGINAL
1 case the refund shall be reduced by the amount so designated. The designation
2 shall be made at the time of the filing of the current year tax return and shall
3 be made on the income tax return form as prescribed by the secretary of the
4 Department of Revenue. Donated monies shall be administered by the secretary
5 and distributed to Holden's Hope in accordance with the provisions of R.S.
6 47:120.37. No donation made under the provisions of this Section shall be
7 invalid for lack of an authentic act.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Curry Lann.
DIGEST
SB 61 Original 2023 Regular Session Stine
Proposed law provides for an income tax checkoff pursuant to which an individual can
donate all or a portion of his state income tax refund to Holden's Hope in lieu of that amount
being paid as a refund.
Proposed law requires donated monies to be administered by the secretary of the Dept. of
Revenue and to be quarterly disbursed to Holden's Hope.
Applicable to taxable years beginning on and after January 1, 2023.
Effective August 1, 2023.
(Adds R.S. 47:120.391)
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.