Emergency Rule LAC 61:III.1527 – Electronic Filing Mandate for Reports and Returns Related to the Sports Facility Assistance Fund

The Louisiana Department of Revenue has issued Emergency Rule LAC 61:III.1527 concerning the Electronic Filing Mandate for Reports and Returns Related to the Sports Facility Assistance Fund.

Under the authority or R.S. 47:1520 and 1511 and in accordance with provisions of the Administrative Procedure Act, R.S. 49:950 et seq., the Department of Revenue, Policy Services Division, proposes to adopt LAC 61:III.1527 to mandate the electronic filing of any report or return related to the Sports Facility Assistance Fund.

The Emergency Rule is necessary to allow the Department of Revenue to require electronic filing of these reports and returns for the 2010 taxable year. Without this Rule, all professional athletic teams and professional athletes that participate in athletic events within the state of Louisiana and are therefore required to file certain reports and returns will not know which method to use in order to file these reports and returns.

This Rule, adopted in accordance with the Administrative Procedure Act, R.S. 49:950 et seq., shall become effective on January 1, 2011 and shall remain in effect for the maximum period allowed under the act.

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