Report: Louisiana Could Exempt NIL Deals From State Income Tax

Wilson Alexander of The Advocate reports that Rep. Dixon McMakin, R-Baton Rouge, plans to file a bill that would exempt student athletes' NIL dollars from state income tax.

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Rep. Dixon McMakin, R-Baton Rouge, said he is preparing to file a bill for this year's legislative session that would exempt compensation student athletes earn from NIL deals from state income tax.

It’s both a matter of attracting athletes to Louisiana and of guarding against other universities luring students away from the state, he said.

“Other states — Illinois, Alabama and Georgia — have bills right now to make it where NIL compensation is exempt from state income tax,” McMakin said. “We will be competing with those other states, and we’re not gonna let them outcompete us."

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