2013 Louisiana Laws
Revised Statutes
TITLE 47 - Revenue and Taxation
RS 47:120.38 - Income tax checkoff; donation for Louisiana Bicentennial Commission and Battle of New Orleans Bicentennial Commission
SUBPART O. LOUISIANA BICENTENNIAL COMMISSION AND
BATTLE OF NEW ORLEANS BICENTENNIAL COMMISSION DONATION
§120.38. Income tax checkoff; donation for Louisiana Bicentennial Commission and Battle of New Orleans Bicentennial Commission
A. Every individual who files an individual income tax return for the current tax year and who is entitled to a refund may designate on his current year return that all or any portion of the total amount of the refund to which he is entitled shall be donated to the Louisiana Bicentennial Commission, as provided for in Chapter 27 of Title 25 of the Louisiana Revised Statutes of 1950, R.S. 25:1231, et seq., and Battle of New Orleans Bicentennial Commission, as provided for in Chapter 27-A of Title 25, R.S. 25:1238.1, et seq., in lieu of that amount being paid to him as a refund, in which case the refund shall be reduced by the amount so designated. The designation shall be made at the time of the filing of the current year tax return and shall be made on the income tax return form as prescribed by the secretary of the Department of Revenue. No donation made under the provisions of this Subsection shall be invalid for lack of an authentic act.
B.(1) Funds received by the Department of Revenue as provided for in Subsection B of this Section shall be remitted to Louisiana Historical Legacy Incorporated, a 501(c)(3) non-profit foundation, registered with the Louisiana Secretary of State's office, to accept donations to assist with funding the statutory missions of the Louisiana Bicentennial Commission and the Battle of New Orleans Bicentennial Commission.
(2) The donations remitted to Louisiana Historical Legacy Incorporated shall be used solely for the purposes provided for in Chapters 27 and 27-A of Title 25 of the Louisiana Revised Statutes of 1950.
(3) The annual reports required by R.S. 25:1238.5 and 1235 shall include an accounting of refund donations received and a detailed explanation of expenditures, as well as a description of the Louisiana Historical Legacy Incorporated's activities.
Acts 2011, No. 127, §1, eff. June 24, 2011.
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