This bill enacts two new subparts in the Louisiana Revised Statutes, specifically R.S. 47:120.401 and 120.402, which establish income tax return checkoff options for donations to the Grambling University National Alumni Association and the Louisiana Tech University Alumni Association. Starting from tax years beginning on January 1, 2027, individuals filing their income tax returns will have the option to designate all or a portion of their tax refund to be donated to either alumni association instead of receiving that amount as a refund. The designated donation will reduce the total refund amount accordingly.

The bill also outlines the administration and disbursement of the donated funds by the secretary of the Department of Revenue, ensuring that the contributions are properly managed and distributed to the respective alumni associations. Additionally, it specifies that no donation made under these provisions will be invalid due to the lack of an authentic act. The provisions of this Act will take effect for taxable years starting on or after January 1, 2027.