Loading chat...
LA HB389
Bill
Status
4/3/2025
Primary Sponsor
Steven Jackson
Click for details
AI Summary
-
Extends the Louisiana Youth Jobs Tax Credit program sunset date from December 31, 2025 to December 31, 2031
-
Expands eligibility by adding a new qualifying criterion: youth from families with total annual household income not exceeding 300% of federal poverty guidelines
-
Eligible youth must still meet existing requirements: ages 16-23, unemployed prior to hire, working full-time or part-time at equivalent wages for similar positions
-
Existing eligibility criteria remain unchanged, including factors related to educational attainment, public assistance enrollment, justice system involvement, foster care, parenting/pregnancy status, housing status, and veteran status
-
Applies to taxable periods beginning on or after January 1, 2026
Legislative Description
Extends the duration of the La. Youth Jobs Tax Credit program and provides relative to eligibility factors associated with the program (OR DECREASE GF RV See Note)
TAX CREDITS
Last Action
Read by title, under the rules, referred to the Committee on Ways and Means.
4/14/2025