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: 
Ports Investor Tax Credits
Program purpose
Port usage
Statutory authority
LRS 47:6036
Abating jurisdiction(s)
State of Louisiana
Applicable taxes: 
Individual Income Tax; Corporate Franchise Tax
Method of abatement
Tax credit
Provisions for recapture
If the funds for which an investing company received credits are not invested and expended within the requirements of the agreement, the investing company's state income tax for such taxable period can be increased to recapture the credit.
Gross revenue loss
Reimbursement / offset
Net revenue loss
Type of loss
Additional notes on dislosure: