Key Votes
HB 969 - Establishes Tax Deductions for Donating to Scholarship Funds - Key Vote
Louisiana Key Votes
Stages
- May 4, 2012 Became Law Without Governor's Signature
- April 24, 2012 House Conference Report Adopted
- April 19, 2012 House Nonconcurrence Vote Passed
- April 18, 2012 Senate Bill Passed
- March 27, 2012 House Bill Passed
- March 2, 2012 Introduced
Family
Issues
Stage Details
Legislation - Became Law Without Governor's Signature (Executive) - May 4, 2012
Title: Establishes Tax Deductions for Donating to Scholarship Funds
Legislation - Conference Report Adopted (House) (65-36) - April 24, 2012
Legislation - Nonconcurrence Vote Passed (House) (63-32) - April 19, 2012
Legislation - Bill Passed (Senate) (33-6) - April 18, 2012
Legislation - Bill Passed (House) (66-37) - March 27, 2012 (Key vote)
Title: Establishes Tax Deductions for Donating to Scholarship Programs
Vote to pass a bill that establishes a rebate for taxpayers who donate to certain school tuition organizations.
- Establishes a rebate for donations a taxpayer makes during a taxable year to a school tuition organization which provides scholarships to qualified students to attend a qualified school. (Sec.1)
- Requires the rebate to be made available only to taxpayers who file a Louisiana income tax return and must be equal to the actual amount of the taxpayer's donation used by a school tuition organization, not including “administrative costs”(Sec. 1).
- Specifies that no more than five percent of a donation shall be used by the school tuition organization for administrative or promotional costs (Sec. 1).
- Prohibits scholarships from being designated, referred to, or in any way named after a private entity nor shall any donation be earmarked by a donor to provide a scholarship for a particular qualified student or school (Sec. 1).
- Specifies that the act will become effective Jan. 1, 2013, for donations made to a school tuition organization which provides scholarships to qualified students to attend a qualified school for the 2013-2014 school year and thereafter (Sec. 2).
Legislation - Introduced (House) - March 2, 2012
Title: Establishes Tax Deductions for Donating to Scholarship Programs