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: | 2018 |
Program name: | Enterprise 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 taxes: | Sales 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: | $37,258,756 |
Reimbursement / offset: | $0 |
Net revenue loss: | $37,258,756 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.doa.la.gov/doa/osrap/annual-financial-report/ |