The bill amends and reenacts specific provisions of the Louisiana Revised Statutes regarding the state individual income tax return checkoff for donations to the Coastal Protection and Restoration Fund. It updates the statutory citation for the fund from R.S. 49:213.2 to R.S. 49:214.5.4 in two sections: R.S. 47:120.32(A)(1) and (B). The bill allows taxpayers to designate a portion of their tax refund as a donation to the fund or to make an additional donation regardless of whether they are entitled to a refund.

Furthermore, the bill stipulates that upon receiving a taxpayer's return with a donation designation, the secretary must remit the donation to the state treasurer for deposit into the Coastal Protection and Restoration Fund within 120 days from 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. If vetoed and later approved by the legislature, it will become effective the day after such approval.

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)