§ 47:1692 — Definitions

Louisiana § 47:1692

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§1692. Definitions
As used in this Chapter, the following terms shall have the meaning ascribed to them
in this Section unless the context clearly indicates otherwise:
(1) "Consumable hemp product" shall have the same definition as set forth in R.S.
3:1481.
(2) "Consumer" means either a business entity or a person who purchases
consumable hemp products.
(3) "Retail sale" means the sale or transfer of consumable hemp products to a
consumer for any purpose other than for resale and shall include all transactions as the
secretary, upon investigation, finds to be in lieu of sales. Resale shall include but not be
limited to the sale of consumable hemp products for further processing into a product
produced in accordance with R.S. 40:1046.
(4) "Retailer" means a person or entity that sells or offers for sale consumable hemp
products to a consumer. Retailer shall also include any person or entity that imports or
causes to be imported from any other state consumable hemp products for use or
consumption.
(5) "Secretary" means the secretary of the Department of Revenue or his duly
appointed representatives.
NOTE: See Acts 2019, No. 247, re: tax year applicability.

Legislative History

Acts 2019, No. 164, §3; Acts 2019, No. 247, §1, eff. Aug. 1, 2019; Acts 2021, No. 336, §2.