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Bill

SCR 11

TAX/TAXATION: Creates the Anchor Home Task Force to study the feasibility of offering tax credits to incentivize the hiring of resident Louisiana college graduates to live and work in Louisiana the first five years after graduation. (EN SEE FISC NOTE GF EX See Note)

2026 Regular Session Introduced by Mike Fési

Louisiana task force to study tax credits incentivizing employers to hire and retain state college graduates for five years post-graduation.

Signed by the Speaker of the House.
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Bill Summary · SCR 11

Legislative bill overview

SCR 11 establishes an Anchor Home Task Force charged with studying whether Louisiana should create tax credits to encourage businesses to hire recent college graduates from Louisiana universities and incentivize them to remain in the state for their first five years after graduation. The bill is a feasibility study rather than the implementation of an actual tax credit program.

Why is this important

Brain drain—the departure of educated young professionals to other states—costs Louisiana tax revenue, reduces its workforce competitiveness, and weakens economic development. A targeted tax incentive could help retain talent and strengthen the state's economy, though the actual fiscal impact depends entirely on whether the task force recommends the program and how it would be designed and funded.

Potential points of contention

  • Cost and funding: Tax credits reduce state revenue; the fiscal note suggests general fund impacts, but the full cost of such a program could be substantial depending on participation rates and credit amounts
  • Market distortion: Critics may argue tax credits artificially incentivize hiring decisions rather than allowing market forces to allocate labor, potentially favoring larger employers who can navigate the tax system
  • Targeting concerns: The program may benefit higher-income college graduates disproportionately while doing little for non-college workers or addressing broader workforce development needs in the state
  • Definition and enforcement: Questions remain about how "resident Louisiana college graduate" would be defined (in-state tuition only? all degrees?) and how compliance would be monitored

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

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