La. Revenue and Taxation § 47:297.12

Current with changes from the 2024 Legislative Session

Section 47:297.12 - Tax deduction; fees and other educational expenses for a quality public education

A. There shall be allowed a deduction from tax table income for amounts paid during a tax year by a taxpayer which are associated with a student's enrollment in a public elementary or secondary school in order to ensure a quality education, if the student qualifies as a dependency exemption on the taxpayer's Louisiana income tax return. For purposes of this Section, "amounts" shall include all of the following:

(1) The purchase of school uniforms required by such schools for general day-to-day use.

(2) The purchase of textbooks, curricula, or other instructional materials required by such schools.

(3) The purchase of school supplies required by such schools.

B.

(1) The deduction authorized by this Section shall be equal to fifty percent of the actual amount paid by the taxpayer per student, but no more than six thousand dollars of deduction per student may be allowed to one or more taxpayers if the child qualifies as a dependency exemption on the taxpayer's Louisiana income tax return for either the taxable year or the prior taxable year.

(2) In addition, the amount of the deduction shall not exceed the total taxable income of the individual.

C. Disbursements from the Louisiana Student Tuition Assistance and Revenue Trust Kindergarten Through Grade Twelve Program that are entitled to the deduction under R.S. 17:3100.5 and that are used to pay costs associated with a student's enrollment in a public elementary or secondary school in order to ensure a quality education shall not be eligible for the deduction authorized pursuant to this Section.

La. Revenue and Taxation § 47:297.12

Acts 2008, 2nd Ex. Sess., No. 8, §1, eff. March 24, 2008, applicable to amounts paid on and after Jan. 1, 2009; Acts 2009, No. 451, §1, eff. July 8, 2009; Acts 2009, No. 460, §1, eff. July 8, 2009; Acts 2021, No. 52, §2, eff. Jan. 1, 2022; Acts 2023, No. 423, §1, eff. June 27, 2023.

Amended by Acts 2023, No. 423,s. 1, eff. 6/27/2023, app. 1/1/2024.

Amended by Acts 2021, No. 52,s. 2, eff. 1/1/2022.

Acts 2008, 2nd Ex. Sess., No. 8, §1, eff. 3/24/2008, applicable to amounts paid on and after 1/1/2009; Acts 2009, No. 451, §1, eff. 7/8/2009; Acts 2009, No. 460, §1, eff. 7/8/2009.