There Is a Newer Version of this Statute
  1. 2023 Louisiana Laws
  2. 2022 Louisiana Laws
  3. 2021 Louisiana Laws
  4. 2020 Louisiana Laws (here)
  5. View All Versions
View Our Newest Version Here

2020 Louisiana Laws
Revised Statutes
Title 47 - Revenue and Taxation
§1608. Disposition of penalties and self-generated revenue

Universal Citation:
LA Rev Stat § 47:1608 (2020)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
Previous Next

RS 1608 - Disposition of penalties and self-generated revenue

A. Beginning July 1, 2022, the disposition of all state taxes, interest, and penalties collected by or on behalf of the Department of Revenue pursuant to the provisions of this Title shall be governed by the following:

(1) State taxes and interest. Beginning July 1, 2022, an amount equal to one percent of all taxes and interest collected by or on behalf of the secretary of the Department of Revenue pursuant to the provisions of Chapter 1, 2, 2-A, 2-B, or 5 of this Subtitle, shall be designated as self-generated revenue of the Department of Revenue.

(2) Penalties. Beginning July 1, 2022, the full amount of penalties collected by the secretary of the Department of Revenue pursuant to this Part, shall be transferred to the state treasury for deposit into the state general fund, provided that only the compensatory expenses and fees collected pursuant to R.S. 47:1602.1, 1604.2, 1605, and 1606 shall be designated as self-generated revenue of the Department of Revenue.

B. Subject to appropriation by the legislature, monies designated as self-generated revenues pursuant to the provisions of this Section, together with any other revenues otherwise self-generated by the secretary, shall be used by the Department of Revenue for the administration and collection of taxes, the operation of the department, and fulfilling of the department's obligations related to the costs of tax adjudication, and may be retained by the secretary and carried forward for such purposes.

Acts 2020, No. 348, §1, eff. Jan. 1, 2021.

Previous Next
Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.