§ 47:120.331 — Income tax checkoff; donation for Louisiana Horse Rescue Association

Louisiana § 47:120.331

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§120.331. Income tax checkoff; donation for Louisiana Horse Rescue Association
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
Horse Rescue Association in lieu of that amount being paid to him as a refund. In this case,
the refund shall be reduced by the amount so designated. The designation shall be made at
the time of filing the current-year tax return and shall be made upon the income tax return
form as prescribed by the secretary of the Department of Revenue. Donated monies shall be
administered by the secretary and distributed to the Louisiana Horse Rescue Association in
accordance with the provisions of R.S. 47:120.37. No donation made under the provisions
of this Subpart shall be invalid for want of an authentic act.
B. The House Committee on Ways and Means may, at its discretion, request a report
from the Louisiana Horse Rescue Association relative to its operations. The form and content
of the report shall be prescribed by the chairman of the committee, but shall at a minimum
contain a detailed explanation of the revenues and expenditures, as well as a description of
the organization's activities. The committee may summon any person employed by or
associated with the Louisiana Horse Rescue Association to provide testimony with respect
to the report.

Legislative History

Acts 2017, No. 67, §1.