Louisiana Senate Bill SB262

Louisiana 2011 Regular Session

• Introduced: 5/4/11
• Refer: 5/4/11

Caption

Creates the Louisiana New Start Education Tax Credit which grants a refundable tax credit per tax year for up to $4,000 (1) paid for tuition, fees, and other eligible costs required for a student who resides within the attendance zone of a failed public school to enroll in a qualified nonpublic elementary or secondary school or a college lab school or (2) contributed to an eligible nonprofit scholarship-funding organization which provides assistance to such students attending such schools. (1/1/12) (OR SEE FISC NOTE GF RV See Note)

Impact

This legislation is projected to significantly influence the state's educational funding landscape by providing financial incentives for families to pursue alternative schooling options. It is anticipated to facilitate access to educational resources for students in public schools deemed inadequate under the state’s accountability framework. By encouraging enrollment in alternative educational institutions, the bill may potentially reshape the public education system's approach to underperforming schools around the state.

Summary

Senate Bill 262, known as the Louisiana New Start Education Tax Credit, establishes a refundable tax credit for eligible taxpayers. This credit can go up to $4,000 per tax year, and is designated for tuition, fees, and other costs associated with students living within the attendance zones of 'failed public schools'. It targets the enrollment of these students in qualified nonpublic or laboratory schools. Additionally, contributions to nonprofit scholarship-funding organizations also qualify for this credit, aiming to enhance educational choices for families in struggling districts.

Sentiment

The response to SB 262 has been polarized. Proponents, including many advocates for school choice and parental freedom, argue that it will empower families and improve educational outcomes by enabling more options for students in lower-performing school districts. Conversely, critics express concerns that such measures may divert necessary funds from public schools and lead to reduced accountability for private establishments receiving increased public funding. The debate reflects ongoing tensions between traditional public education models and growing support for charter and private school options.

Contention

Key points of contention surrounding SB 262 include the potential financial implications for public schools and whether funds should be allocated to private education options. Critics highlight the risk of exacerbating inequities in educational quality and resource distribution. Additionally, there are apprehensions about the operational integrity of scholarship-funding organizations, and whether these entities will sufficiently meet the educational needs and standards expected within state-funded programs. The discussion around this bill underscores critical debates regarding educational reform and the future of public education in Louisiana.