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 or Territory: | Louisiana |
| Effected Jurisdiction: | Louisiana |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2017 |
| Program name: | Louisiana Quality Jobs Program |
| Program purpose: | Business attraction/retention/expansion |
| Statutory authority: | LRS 51:2451-2462 |
| Abating jurisdiction(s): | State of Louisiana |
| Applicable taxes: | State 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: | $102,398,055 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $102,398,055 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.doa.la.gov/doa/osrap/annual-financial-report/ |
