DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 820 Original 2015 Regular Session Jones
Abstract: Limits the aggregate amount of rebates allowed each calendar year to $1M beginning July
1, 2015.
Present law authorizes a rebate for donations a taxpayer makes during a taxable year to a school
tuition organization (STO) which provides scholarships to qualified students to attend a qualified
school. In order for the donation to qualify for the rebate, the taxpayer must file a La. income tax
return. The amount of the rebate shall be equal to the actual amount of the taxpayer's donation used
by an STO to fund a scholarship to a qualified student, which shall not include administrative costs.
Proposed law retains present law but limits the aggregate amount of rebates allowed each calendar
year pursuant to present law to $1M beginning Jan. 1, 2015.
Effective July 1, 2015, and shall be applicable to donations made to a school tuition organization
which provides scholarships to qualified students to attend a qualified school for the 2015-2016
school year.
(Amends R.S. 47:6301(A)(1))