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: | 2020 |
| Program name: | Louisiana Quality Jobs Program |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | LRS 51:2451-2462 |
| Abating jurisdiction(s): | State of Louisiana |
| Applicable taxes: | Sales and Use Tax; Income Tax |
| 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 5 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: | $81,254,781 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $81,254,781 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.doa.la.gov/doa/osrap/annual-financial-report/ |
