Louisiana 2023 2023 Regular Session

Louisiana Senate Bill SB61 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Curry Lann.
DIGEST
SB 61 Engrossed	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)