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.

State: 
Louisiana
Reporting Jurisdiction: 
Louisiana
Jurisdiction type
State
Fiscal year ending In: 
2019
Program name: 
Louisiana Quality Jobs Program
Program purpose
Business 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
$141,741,787
Reimbursement / offset
$0
Net revenue loss
$141,741,787
Type of loss
Active
Additional notes on dislosure: 
(none)