Louisiana Makes Changes to School Readiness Tax Credit

The Louisiana Governor signed a law concerning the School Readiness Tax Credit. The law includes: 1) changing the tax credit program title from the School Readiness Tax Credit to the Workforce Child Care Tax Credit; 2) increasing the annual caps for defined “eligible business child care expense;” and 3) changing the credit percentage based on certain facility quality ratings. The law takes effect on Jan. 1, 2026. [S.B. 233, enacted 06/20/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.