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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.

StateLouisiana
Effected JurisdictionLouisiana
Jurisdiction type: State
Fiscal year ending In2018
Program nameProcurement Processing Company Rebate
Program purpose: Retail development
Statutory authority: LRS 47:6351
Abating jurisdiction(s): State of Louisiana
Applicable taxesState Sales Tax
Method of abatement: Rebate
Provisions for recapture: If after a rebate has been paid, and it is determined that certain items did not constitute new taxable sales, the amount rebated for those items shall be recaptured from the company, subject to the prescriptive period set forth in LRS 47:1561.2.
Gross revenue loss: $11,693,808
Reimbursement / offset: $0
Net revenue loss: $11,693,808
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.doa.la.gov/doa/osrap/annual-financial-report/