{
  "urn": "urn:us-la:rs:47:264",
  "title_number": "47",
  "section_number": "264",
  "citation": "R.S. 47:264",
  "heading": "Overpayments arising from allowance of deductions for bad debts or worthless stock",
  "text": "In the case of an overassessment which arises from the allowance of a deduction for a bad debt or worthless stock which has not been claimed and allowed on a return of the taxpayer for another year, the period of limitation prescribed in R.S. 47:1623 shall be extended for an additional period of two years, and the limitation on the amount of credit or refund provided in R.S. 47:1623 shall be suspended.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "47",
      "name": "REVENUE AND TAXATION"
    },
    {
      "level": "subtitle",
      "number": "II",
      "name": "PROVISIONS RELATING TO TAXES COLLECTED AND ADMINISTERED BY THE COLLECTOR OF REVENUE"
    },
    {
      "level": "chapter",
      "number": "1",
      "name": "INCOME TAX"
    },
    {
      "level": "part",
      "number": "II",
      "name": "SUPPLEMENTAL PROVISIONS"
    },
    {
      "level": "subpart",
      "number": "G",
      "name": "OVERPAYMENTS"
    }
  ],
  "breadcrumb": "Title 47 › Subtitle II › Chapter 1 › Part II › Subpart G",
  "acts_citations": [
    {
      "act_year": 1950,
      "act_number": 445,
      "section": 2,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Added by Acts 1950, No. 445, §2.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=101661",
  "website_law_id": 101661,
  "scrape_timestamp": "2026-05-22T23:36:34Z",
  "source_html_hash": "sha256:ddf65682b411baca999d160a1ea07b0b2b7522faee47e7063e117c02f466c03f",
  "schema_version": "1.0.0"
}