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What is the Louisiana School

Readiness Tax Credit (SRTC)? 

 

The SRTC’s are a package of refundable state

tax credits designed to support and enhance

the quality of early childhood education in the

state.  The SRTC became law R.S. 47:6107

during the 2007 regular session of the

Louisiana Legislature.  The tax credits

became effective January 1, 2008.

How does the School

Readiness Tax Credit Work? 

 

Businesses can receive a dollar-for-dollar 100%

refundable tax credit up to $5,000 for donations

to Child Care Resource and Referral Agencies.

 

Volunteers of America’s Partnerships in Child Care

program is the resource and referral agency for the

Greater Baton Rouge, Acadiana and

Southwest Louisiana regions.

Which businesses are eligible?

 

All businesses with a Louisiana Tax ID number

are eligible including any for-profit or non-profit

entity, sole proprietors, partnerships, limited

liability corporations and corporations.

 

The School Readiness Tax Credit is not

available to individuals who

make donations.