SLS 17RS-121 ENGROSSED
2017 Regular Session
SENATE BILL NO. 25
BY SENATOR MORRELL
TAX/INCOME/PERSONAL. Sunsets the individual income tax education credit. (gov sig)
1 AN ACT
2 To amend and reenact the introductory paragraph of R.S. 47:297(D) and (D)(1) and to repeal
3 R.S. 47:297(D)(2) as amended by Section 5 of Act No. 125 of the 2015 Regular
4 Session of the Legislature, relative to tax credits; to provide relative to reduction to
5 tax due; to sunset the tax credit for educational expenses; to provide for an effective
6 date; and to provide for related matters.
7 Be it enacted by the Legislature of Louisiana:
8 Section 1. The introductory paragraph of R.S. 47:297(D) and (D)(1) are hereby
9 amended and reenacted to read as follows:
10 ยง297. Reduction to tax due
11 * * *
12 D. In addition to any other credits against the tax payable on net income
13 which the law allows to an individual taxpayer, until January 1, 2017, the taxpayer
14 shall be entitled to the tax credit against the tax payable on net income provided for
15 as follows:
16 (1) A taxpayer required to file a resident Louisiana tax return may claim a tax
17 credit for educational expenses incurred after January 1, 1988, and before
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 25
SLS 17RS-121 ENGROSSED
1 January 1, 2017, for each child attending kindergarten, elementary, or secondary
2 school kindergarten through twelfth grade located in Louisiana, if the child qualifies
3 as a dependency exemption on the taxpayer's Louisiana income tax return unless the
4 deduction for the payment of tuition and fees for nonpublic elementary and
5 secondary school tuition is taken for the child as provided for in R.S. 47:297.10.
6 * * *
7 Section 2. R.S. 47:297(D)(2) as amended by Section 5 of Act No. 125 of the 2015
8 Regular Session of the Legislature is hereby repealed.
9 Section 3. This Act shall become effective upon signature by the governor or, if not
10 signed by the governor, upon expiration of the time for bills to become law without signature
11 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
12 vetoed by the governor and subsequently approved by the legislature, this Act shall become
13 effective on the day following such approval.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Leonore Heavey.
DIGEST
SB 25 Engrossed 2017 Regular Session Morrell
Present law provides an $18.00 individual income tax credit for each qualified dependent
child who was in school in kindergarten through 12th grade at least part of the year.
Present law disallows the credit if the deduction for the payment of tuition and fees for
nonpublic elementary and secondary school tuition is taken for the child as provided for in
R.S. 47:297.10.
Proposed law sunsets the entire credit beginning on January 1, 2017.
Present law in Section 5 of Act No. 125 of the 2015 Regular Session increases the credit to
$25.00 on June 30, 2018.
Proposed law repeals the provision of Section 5 of Act No. 125 of the 2015 Regular Session
that increases the credit.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 47:297(D)(intro para) and (D)(1); repeals R.S. 47:297(D)(2) as amended by
Sec. 5 of Acts 2015 No. 125)
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.