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.

Reporting Jurisdiction: 
Jurisdiction type
Fiscal year ending In: 
Program name: 
New Markets Jobs Act Program
Program purpose
Capital investment
Statutory authority
LRS 47:6016.1
Abating jurisdiction(s)
State of Louisiana
Applicable taxes: 
Insurance Premium Tax; Fire Casualty Tax; Surplus Lines Tax; Retaliatory Tax
Method of abatement
Tax credit
Provisions for recapture
If the company violates the terms of the agreement, or if the federal tax credit is recaptured by the IRS, the Department of Insurance shall recapture the claimed credit on a return.
Gross revenue loss
Reimbursement / offset
Net revenue loss
Type of loss
Additional notes on dislosure: