Louisiana Administrative Code
Title 4 - ADMINISTRATION
Part V - Policy and Procedure Memoranda
Chapter 41 - Taxable Compensation-PPM Number 73
Section V-4107 - Reporting Requirements
Current through Register Vol. 50, No. 9, September 20, 2024
A. Each board, commission, department, agency, institution or office must develop a plan each calendar year delineating those conditions under which an employee shall receive any compensation other than salary, wages, per diem for board members and those benefits provided by the State Employees' Group Benefits Program and the various retirement systems. The plan must include the specific employee receiving compensation, the valuation method of the compensation, the value of the compensation and any reason the compensation is partially or fully nontaxable to the employee. Such plan shall be submitted for approval to the Commissioner of Administration by February 1, each calendar year for the immediately preceding calendar year.
B. Department heads who fail to adequately value, report, or withhold applicable taxes for compensation provided employees shall be responsible for payment of any tax liability from the avails of the respective budget units appropriations.
AUTHORITY NOTE: Promulgated in accordance with R.S. 39:78 and Executive Order Number 85-52.