LEGISLATIVE FISCAL OFFICE
Fiscal Note
Fiscal Note On: SB 373 SLS 24RS 463
Bill Text Version: ENROLLED
Opp. Chamb. Action:
Proposed Amd.:
Sub. Bill For.:
Date: May 28, 2024 7:01 PM Author: ALLAIN
Dept./Agy.: Revenue
Subject: Income Tax Checkoff: Coastal Protection & Restoration Analyst: Benjamin Vincent
TAX/INCOME/PERSONAL EN NO IMPACT See Note Page 1 of 1
Provides relative to individual income tax checkoff for donations to the Coastal Protection and Restoration Fund. (gov sig)
Present law allows taxpayers to elect to make a donation of individual income tax refunds to the Coastal Protection and
Restoration Fund on their tax return. The current statutory citation that references the fund is out of date.
Proposed law updates the citation in present law to reference the current location of the fund in the Revised Statutes.
Effective upon governor's signature.
EXPENDITURES 2024-25 2025-26 2026-27 2027-28 2028-29 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total $0 $0 $0 $0 $0 $0
REVENUES 2024-25 2025-26 2026-27 2027-28 2028-29 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total $0 $0 $0 $0 $0 $0
EXPENDITURE EXPLANATION
There is no anticipated direct material effect on governmental expenditures as a result of this measure. No modification to
LDR processes or forms is required by proposed law.
REVENUE EXPLANATION
There is no anticipated direct material effect on governmental revenues as a result of this measure. According to LDR
Annual Reports, this donation has proceeded without issue despite outdated statutory language, typically amounting to
$40,000-$50,000 in annual refund donations in recent years.
Senate Dual Referral Rules House
13.5.1 >= $100,000 Annual Fiscal Cost {S & H} 6.8(F)(1) >= $100,000 SGF Fiscal Cost {H & S}
Deborah Vivien
13.5.2 >= $500,000 Annual Tax or Fee 6.8(G) >= $500,000 Tax or Fee Increase
Change {S & H} Chief Economist
or a Net Fee Decrease {S}


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)