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Bill > SB27
LA SB27
LA SB27Provides relative to the tax credit for donations to school tuition organizations. (gov sig) (EN SEE FISC NOTE See Note)
summary
Introduced
03/28/2025
03/28/2025
In Committee
06/02/2025
06/02/2025
Crossed Over
05/28/2025
05/28/2025
Passed
06/20/2025
06/20/2025
Dead
Signed/Enacted/Adopted
06/20/2025
06/20/2025
Introduced Session
Potential new amendment
2025 Regular Session
Bill Summary
AN ACT To amend and reenact R.S. 47:6301(B)(1)(c)(v), (2)(a)(ii), and (3)(b) and (C)(1)(d)(i), relative to the credit for donations to school tuition organizations; to provide for scholarship limits from donations to school tuition organizations; to provide relative to the distribution of scholarship payments; to provide for the authorization method by parents for the scholarship payments; to provide for testing requirements of a qualified school; to authorize qualified students to receive additional scholarships or other forms of financial assistance; to provide for an effective date; and to provide for related matters.
AI Summary
This bill modifies Louisiana's tax credit program for donations to school tuition organizations (STOs), making several key changes to how scholarships are distributed and managed. The bill updates the rules for scholarship payments by allowing quarterly distributions instead of specific monthly payments and permitting parents to electronically endorse checks. It provides more flexibility for qualified students by allowing them to receive multiple scholarships from different STOs, with a new cap that does not exceed the actual tuition and fees at their school. The bill also modifies testing requirements for qualified schools, giving them the option to use either state-mandated tests or approved nationally norm-referenced tests. Additionally, the legislation removes previous prohibitions on students receiving other forms of publicly funded financial assistance, instead establishing a comprehensive verification process by the Department of Education to ensure that total scholarship funding does not surpass a student's actual school costs. The changes aim to provide more administrative flexibility and financial support options for students attending non-public schools while maintaining oversight to prevent potential over-funding.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Effective date 6/20/2025. (on 06/20/2025)
Official Document
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