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SB 233

TAX/TAXATION: Provides for changes to the School Readiness Tax Credit. (1/1/26) (EN DECREASE GF RV See Note)

2025 Regular Session Introduced by Tony Bacala and 11 co-sponsors

Louisiana modifies School Readiness Tax Credit effective 2026, reducing state general fund revenue to incentivize private education funding contributions.

Signed by the Governor. Becomes Act No. 454.
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Bill Summary · SB 233

Legislative bill overview

SB 233 modifies Louisiana's School Readiness Tax Credit, a program that provides tax incentives for contributions to student scholarship accounts and early childhood education programs. The bill became law on January 1, 2026, and will decrease general fund revenue according to fiscal notes.

Why is this important

Tax credits directly affect state revenue available for other programs while incentivizing private funding of education. Changes to the School Readiness Tax Credit alter the balance between tax benefits for contributors and available public funding, with real consequences for both education financing and state budgets.

Potential points of contention

  • Revenue impact: The bill decreases general fund revenue, meaning less money for other state services unless spending is reduced elsewhere
  • Equity concerns: Tax credits typically benefit higher-income taxpayers who can afford to make donations, potentially widening educational access gaps
  • Program scope: Without bill text details, the specific changes (eligibility, credit amounts, or beneficiary types) remain unclear but could affect who participates

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

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