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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 JurisdictionCalcasieu Parish
Jurisdiction type: County
Fiscal year ending In2022
Program nameIndustrial Tax Exemption Program (ITEP)
Program purpose: General Economic Development
Statutory authority: Article 7, Section 21(F) of the Louisiana Constitution
Abating jurisdiction(s): State of Louisiana
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: (no provisions for recapture)
Gross revenue loss: $49,510,586
Reimbursement / offset: $0
Net revenue loss: $49,510,586
Type of loss: Passive
Additional notes on dislosureProperty tax + business type activities
Document sourcehttps://www.calcasieu.gov/home/showpublisheddocument/11324