The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Danielle B. Clapinski.
DIGEST
SB 220 Original 2023 Regular Session Foil
Present law provides an income tax credit for the donation made by a taxpayer to a school tuition
organization that provides scholarships to qualified students to attend qualified schools.
Present law requires the school tuition organization to distribute scholarship payments in September,
December, February, and May of each year as checks made out to the parent of the qualified student
which are mailed to the qualifying school and restrictively endorsed for deposit into the account of
the school.
Proposed law provides for an option for the scholarship payments to be made electronically and
transferred to the qualifying school with the parent's restrictive approval of the payment for deposit
into the school account and otherwise retains present law.
Present law requires the Department of Education to certify and issue a receipt to the taxpayer
indicating the actual amount of the taxpayer's donation to the school tuition organization which was
used to fund a scholarship.
Proposed law repeals present law and provides that the school tuition organization shall be required
to certify and issue the receipt to the taxpayer indicating the actual amount of the taxpayer's donation
to the school tuition organization that was used to fund a scholarship.
Present law defines a "qualified student" as a child who is a member of a family that resides in
Louisiana with a total household income that does not exceed an amount equal to two hundred fifty
percent of the federal poverty level based on the federal poverty guidelines established by the federal
office of management and budget who also meet additional requirements.
Proposed law provides that an otherwise qualified student with a disability shall be exempt from the
requirement that the child be a member of a family that resides in Louisiana with a total household
income that does not exceed an amount equal to two hundred fifty percent of the federal poverty
level based on the federal poverty guidelines established by the federal office of management and
budget and otherwise retains present law.
Present law requires the Department of Revenue to provide a standardized form for a receipt to be
issued by the Department of Education to a school tuition organization.The Department of Revenue
shall require taxpayers to provide a copy of the receipt when claiming the credit.
Proposed law requires the Department of Revenue to provide a standardized form for a receipt to be
issued by the school tuition organization and otherwise retains present law. Applicable for taxable periods beginning on or after January 1, 2024.
Effective August 1, 2023.
(Amends R.S. 47:6301(B)(1)(c)(v) and (C)(2)(a); adds R.S. 47:6301(B)(1)(c)(xiii) and (B)(3)(c);
repeals R.S. 47:6301(C)(1)(c))