Louisiana Revised Statutes Tit. 47, § 6008. Tax credits for donations made to assist playgrounds in economically depressed areas

B. (1) The term “qualified donation” shall mean a donation made to a qualified playground to assist in the construction, operation, use, or maintenance of the playground. The term “qualified donation” shall also mean a donation made to assist in the development, implementation, or sponsoring of recreational, educational, or health-related programs or events for the benefit of the children served by the qualified playground regardless of whether the donation is made directly to the qualified playground, to the qualified playground's volunteer organization or booster club, or to a nonprofit corporation whose chartered purpose is to provide assistance to the qualified playground. Any such donation may be in the form of cash or the donation of equipment, goods, or services.

(2) The term “qualified playground” shall mean a playground, recreational facility, or park owned or operated by the state or a political subdivision or by a community or volunteer organization or nonprofit corporation and which is eligible to receive any funds under the community development block grant (CDBG) program of the United States Department of Housing and Urban Development.