This bill enacts new provisions related to the Louisiana Fortify Homes Program, specifically addressing the tax implications of grants received through the program. It introduces a tax exemption for grant amounts received on or after January 1, 2025, stating that these amounts will not be included in the recipient's taxable income for state individual income tax purposes. This exemption is codified in R.S. 22:1483.1(F) and is further defined in R.S. 47:293(9)(a)(xxvii), which clarifies that such grant amounts will be excluded from the calculation of "tax table income."

The bill aims to provide financial relief to individuals who receive grants from the Louisiana Fortify Homes Program by ensuring that these funds 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 if subsequently approved by the legislature.