TAX/TAX REBATES: Establishes the Instructor Share Rebate Program for an employer who allows employees to teach in the La. Community and Technical College System (OR DECREASE GF RV See Note)

HB 651 creates a tax rebate program for Louisiana employers who allow employees to teach at the state's community and technical colleges. It provides a 50% rebate on the employer's cost for this arrangement, with an annual cap starting at $1 million in 2027 (increasing up to $5.5 million yearly if demand is high). Employers must apply between January 1-March 1 each year, with rebates awarded on a first-come basis or pro rata if demand exceeds the cap. The program begins January 1, 2027, and funds come from existing state tax collections.