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.
| State: | Louisiana |
| Effected Jurisdiction: | Louisiana |
Jurisdiction type: | State |
| Fiscal year ending In: | 2019 |
| Program name: | Exemption for Manufacturing Establishments (Industry Assistance) Program |
| Program purpose: | Industrial development |
| Statutory authority: | LRS 47:4301-4306 |
| Abating jurisdiction(s): | State of Louisiana |
| Applicable taxes: | State Corporation Franchise Tax, State Income Taxes, and State Sales and Use Tax |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | A contract may be canceled upon review of an audit that uncovered a violation of the contract or the need for the exemption or the grounds for the exemption are no longer applicable. The state shall give notice in writing and any remaining portion of the exemption granted may be canceled. |
| Gross revenue loss: | $1,500,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $1,500,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.doa.la.gov/doa/osrap/annual-financial-report/ |
