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 175 Engrossed 2018 Regular Session James
Abstract: Authorizes a rebate for donations to the Louisiana Office of Student Financial Assistance
(LOSFA) for a postsecondary education scholarship or grant.
Proposed law authorizes a rebate for donations a taxpayer makes during a taxable year to the
LOSFA, which administers the state's postsecondary education scholarship and grant programs. The
amount of the rebate shall be equal to the actual amount of the taxpayer's donation used by LOSFA
for a postsecondary education scholarship or grant, which shall not include administrative costs.
Proposed law authorizes a donor to designate or earmark a donation for a scholarship or grant at a
particular postsecondary institution.
Proposed law prohibits more than 2% of each donation from being used by LOSFA for
administrative costs.
Proposed law provides that the rebate may be paid only if the donation is made by a La. taxpayer and
the donation is used to help cover the cost of attending an in-state postsecondary education
institution for a student who is eligible to receive a La. GO Grant pursuant to present law.
Proposed law requires the Dept. of Revenue to provide a standardized format for a receipt to be
issued by LOSFA and requires a taxpayer to provide a copy of the receipt when claiming the rebate.
Proposed law authorizes the Dept. of Revenue to promulgate rules to implement the provisions of
proposed law.
Applicable to donations to LOSFA for postsecondary education scholarships or grants for students
to attend institutions in this state for the 2018-2019 school year and thereafter.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Adds R.S. 47:6361)