La. Revenue and Taxation § 47:297.19

Current with changes from the 2024 Legislative Session

Section 47:297.19 - Tax credit; stillborn child

A. There shall be allowed a credit against the tax imposed by this Chapter for an individual who delivers a stillborn child. In order to qualify for the credit, the individual claiming the tax credit shall be a Louisiana taxpayer. The amount of the credit shall be equal to two thousand dollars and shall be claimed in the year in which the stillbirth occurred.

B. For purposes of this Section, the term "stillborn child" shall mean a child for whom all of the following apply:

(1) The child suffered spontaneous fetal death.

(2) The child reached no less than twenty complete weeks of gestation calculated from the date the mother's last normal menstrual period began to the date of delivery, or weighed no less than three hundred fifty grams.

(3) The death of the child required the issuance of a spontaneous fetal death certificate in accordance with the requirements of R.S. 40:49.

(4) The death of the child was not the result of an induced termination of the pregnancy.

C. If the amount of the credit authorized pursuant to the provisions of this Section exceeds the amount of the taxpayer's tax liability for the taxable year, the excess tax credit amount shall constitute an overpayment as defined in R.S. 47:1621(A), and the secretary shall make a refund of the overpayment from the current collections of the taxes imposed pursuant to this Chapter. The right to a refund shall not be subject to the requirements of R.S. 47:1621(B).

La. Revenue and Taxation § 47:297.19

Acts 2021, No. 467, §1, eff. Jan. 1, 2022.

Added by Acts 2021, No. 467,s. 1, eff. 1/1/2022.