Bill
SB 123
TAX/TAXATION: Authorizes an income tax credit for donations to certain public schools. (1/1/26) (EN -$1,000,000 GF RV See Note)
2025 Regular Session
Introduced by Wilford Carter and 9 co-sponsors
Louisiana creates income tax credit for public school donations, reducing state revenue by ~$1M annually effective Jan. 1, 2026.
Signed by the Governor. Becomes Act No. 423.