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HB 168

TAX/INCOME TAX: Authorizes income tax deductions for income earned by an intercollegiate athlete and compensation paid by a taxpayer for use of an intercollegiate athlete's name, image, or likeness (OR DECREASE GF RV See Note)

2025 Regular Session Introduced by Rashid Young

Louisiana would allow income tax deductions for college athlete NIL earnings and related compensation, reducing state tax revenue while potentially incentivizing athlete recruitment.

Read by title, under the rules, referred to the Committee on Ways and Means.
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Bill Summary · HB 168

Legislative bill overview

HB 168 would allow Louisiana taxpayers to claim income tax deductions for earnings generated through Name, Image, and Likeness (NIL) deals and related athlete compensation. The bill essentially creates a tax advantage for income derived from these commercial arrangements, which have become a significant revenue source for college athletes following NCAA policy changes.

Why is this important

College athletes can now legally monetize their personal brand through NIL agreements, representing substantial income in some cases. This bill would reduce the state tax burden on these earnings, potentially making Louisiana more attractive for athlete recruitment and NIL deals while also affecting state tax revenue. The policy reflects how states are adapting tax codes to accommodate the relatively new NIL economy.

Potential points of contention

  • State revenue impact: The fiscal note indicates this could decrease General Fund Revenue (GF RV), meaning reduced tax income for the state budget during a period when many states face fiscal pressures
  • Equity concerns: The deduction would primarily benefit higher-earning athletes at major universities, raising questions about whether this represents fair tax policy or preferential treatment for a select group
  • Scope ambiguity: The bill's language regarding "compensation paid by a taxpayer" could create definitional questions about what qualifies—for instance, whether indirect benefits or in-kind compensation would be eligible

Compiled from official sources — confirm details with the bill’s official record.

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