TAX CREDITS: 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)

HB 389 extends Louisiana's Youth Jobs Tax Credit program through 2031 (previously ending in 2025) and adds a new eligibility criterion for youth: they must come from families earning no more than 300% of the federal poverty level. The bill directly affects businesses that hire eligible youth, allowing them to claim tax credits for these employees. Key provisions include updating the definition of "eligible youth" to include this income requirement and setting the program's new end date. The changes apply to tax years beginning January 1, 2026, and are effective January 1, 2026.