Louisiana § RS 47:1561.3 - Special authority to recover nonrefundable tax credits
Full text of Louisiana Louisiana Civil Code § RS 47:1561.3 — Special authority to recover nonrefundable tax credits, with citation guidance and answers to common questions.
§ RS 47:1561.3. Special authority to recover nonrefundable tax credits
A. Except as provided in R.S. 47:1561.2, all tax benefits, including nonrefundable tax credits, previously granted to a taxpayer but later disallowed, may be recovered by the secretary through any collection remedy authorized by R.S. 47:1561 and initiated within any of the following:
(1) Two years from December thirty-first of the year in which the benefit was paid.
(2) Three years from December thirty-first of the year in which the taxes for the filing period were due.
(3) The time period for which prescription has been extended, as provided by R.S. 47:1580.
B. The only interest that may be assessed and collected on any recovered tax benefits amount is interest at a rate three percentage points above the rate provided in R.S. 9:3500(B), which shall be computed from the date of issuance to the date payment is received by the secretary.
C. The provisions of this Section are in addition to and shall not limit the authority of the secretary to assess or to collect under any other provision of law.
Acts 2018, No. 370, §1.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 47:1561.3
What does Louisiana Civil Code § RS 47:1561.3 cover?
Section RS 47:1561.3 ("Special authority to recover nonrefundable tax credits") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 47:1561.3?
A common citation format is "Louisiana Civil Code § RS 47:1561.3" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 47:1561.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.