The School Readiness Tax Credits (SRTC) are a creative package of tax credits providing economic incentives to improve the quality of early care and education in early learning centers statewide. The tax credits, started in 2008, are unique to Louisiana and have received national recognition. In addition to the invaluable support they provide the state's child care industry, they have also been used as a state match drawing down over $80,000,000 in federal dollars through the Child Care and Development Fund Block Grant.
The SRTC are comprised of 4 tax credits:
School Readiness Tax Credits for Businesses
School Readiness Tax Credit for Child Care Teachers/Directors
School Readiness Tax Credit for Parents/Families
School Readiness Tax Credit for Child Care Providers