Vote Smart's Synopsis:

Vote to pass a bill that creates and provides for the Louisiana Statewide Educational Facilities Fund.

Highlights:

-Renames the Louisiana Statewide Educational Facilities Fund as the "Higher Education Restoration Fund" and creates it in the state treasury (Sec. 1). -Requires that money from the fund be used only for providing funding for higher education (Sec. 1). -Freezes federal excess itemized deductions taxpayers are able to claim when calculating their state income tax at 65% until 2012, when that amount will rise to 100% (Sec. 2).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that creates a specific fund in the state treasury for the support of educational facilities.

Full Bill Text