Provides for the methodology the State Board of Elementary and Secondary Education uses to count students for purposes of the minimum foundation program (MFP) formula (OR +$100,000 GF EX See Note)
Modifies the funding formula used to determine minimum state funding allocations to parish councils on aging and increases the minimum aggregate total that is to be appropriated annually to the office of elderly affairs for such allocations (EN +$3,524,736 GF EX See Note)
Authorizes an individual income tax deduction for certain amounts a taxpayer receives through hardship distributions from retirement accounts (EN DECREASE GF RV See Note)