Louisiana: Parents must wait for tuition break
The Times-Picayune reports:
A new tax break for parents of children in Louisiana private schools and a smaller benefit for parents of public school students won’t have an impact on their pocketbooks for at least two years.
Senate Bill 5, an initiative backed by Gov. Bobby Jindal and sponsored by Sen. Rob Marionneaux, D-Livonia, was passed in a special session that ended Friday.
It offers a deduction from state income of 50 percent of elementary or secondary private or parochial school tuition and fees up to $5,000 per student. The deduction is available to anyone who pays nonpublic-school tuition for a student, even if not related.
