The bill amends R.S. 47:120.32(A)(1) and (B) to update the statutory citation for the Coastal Protection and Restoration Fund, changing it from R.S. 49:213.2 to R.S. 49:214.5.4. This change allows individuals filing their state income tax returns to designate a portion of their tax refund as a donation to the Coastal Protection and Restoration Fund. Additionally, taxpayers can make an extra donation to the fund regardless of whether they are entitled to a refund, by including the donation amount with their tax payment.

Furthermore, the bill stipulates that upon receiving a tax return with a donation designation, the secretary will deduct the designated donation from any refund due and remit the total donation to the state treasurer for deposit into the Coastal Protection and Restoration Fund within 120 days of the last authorized extension for filing the return. The act will take effect upon the governor's signature or, if not signed, after the time for bills to become law without signature expires.

Statutes affected:
SB373 Original: 47:32(A)(1)
SB373 Engrossed: 47:32(A)(1)
SB373 Enrolled: 47:32(A)(1)
SB373 Act 341: 47:32(A)(1)