The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Leonore Heavey.
DIGEST
SB 83 Original 2019 Regular Session Boudreaux
Present law provides a 100% credit for the amount of the taxpayer's donation actually used by a
school tuition organization (STO) to fund a scholarship to a qualified student, which shall not
include administrative costs.
Proposed law changes the credit percentage to 95% of the amount of the donation, but eliminates the
requirement that the amount of the credit be reduced by the STO's administrative costs.
Present law requires payments of scholarships four times a year.
Proposed law reduces the required scholarship payments to two per year.
Present law requires that scholarship payments be made in the form of a check that is mailed to the
parent of the child receiving the scholarship.
Proposed law eliminates the requirement that all scholarship payments be made by paper check.
Effective January 1, 2020.
(Amends R.S. 47:6301(A)(1) and (B)(1)(c) and (v))