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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

Effected JurisdictionLouisiana
Jurisdiction type: State
Fiscal year ending In2018
Program nameLouisiana Quality Jobs Program
Program purpose: Business attraction/retention/expansion
Statutory authority: LRS 51:2451-2462
Abating jurisdiction(s): State of Louisiana
Applicable taxesState Sales and Use Tax; State Income Taxes
Method of abatement: Tax Rebate
Provisions for recapture: By the third fiscal year the company's verified gross payroll must agree to the minimum of five new direct jobs or the gross payroll must equal or exceed the minimum required threshold. If these provisions are not met, rebates can be recaptured.
Gross revenue loss: $104,303,596
Reimbursement / offset: $0
Net revenue loss: $104,303,596
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.doa.la.gov/doa/osrap/annual-financial-report/