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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 In2020
Program nameEnterprise Zone (EZ) Program
Program purpose: General Economic Development
Statutory authority: LRS 51:1781 et. seq., Louisiana Administrative Code Title 13, Chapter 7, subchapter 701 et. seq.
Abating jurisdiction(s): State of Louisiana
Applicable taxesSales and Use Tax; Income Tax; Franchise Tax
Method of abatement: Tax Credit; Tax Rebate
Provisions for recapture: Per LRS 51:1787 (I) there are provisions for recapturing abated taxes. However, it is unlikely since the company must be certified as eligible by Louisiana Economic Development before any Tax Credits or rebates can be claimed.
Gross revenue loss: $37,025,671
Reimbursement / offset: $0
Net revenue loss: $37,025,671
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.doa.la.gov/doa/osrap/annual-financial-report/