The bill enacts new provisions related to the Louisiana Fortify Homes Program, specifically addressing the tax implications of grants received through this program. It introduces a new section, R.S. 22:1483.1(F), which states that grant amounts received on or after January 1, 2025, will be exempt from inclusion in the recipient's taxable income for state individual income tax purposes. This exemption is further defined in the newly added R.S. 47:293(9)(a)(xxvii), which clarifies that these grant amounts will not be counted as part of the "tax table income" for resident individuals.

The bill aims to provide financial relief to individuals who receive grants from the Louisiana Fortify Homes Program by ensuring that such grants do not increase their taxable income. The effective date of the bill is contingent upon the governor's signature or the expiration of the time for bills to become law without signature. If vetoed, the bill can still take effect upon subsequent legislative approval.