2011 Louisiana Laws
Revised Statutes
TITLE 47 — Revenue and taxation
RS 47:6105 — Child care provider tax credit
§6105. Child care provider tax credit
There shall be a credit against any Louisiana individual or corporation income tax or corporation franchise tax for a child care provider refundable as provided for in R.S. 47:6108. The tax credit shall be an amount based upon the average monthly number of children who either participate in the Child Care Assistance Program administered by the office of children and family services in the Department of Children and Family Services or who are foster children in the custody of the Department of Children and Family Services, and who are attending a child care facility or facilities operated by the child care provider, multiplied by an amount which shall be based upon the quality rating of each child care facility operated by the child care provider as follows:
Quality Rating of Child Care
Tax Credit Per
Facility
Eligible Child Attending
Five star
$1,500
Four star
$1,250
Three star
$1,000
Two star
$750
One star or nonparticipating facility
0
Acts 2007, No. 394, §1, eff. July 10, 2007.
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