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: 
Ports Investor Tax Credits
Program purpose
Port usage
Statutory authority
LRS 47:6036
Abating jurisdiction(s)
State of Louisiana
Applicable taxes: 
State Income and 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
$0
Reimbursement / offset
$0
Net revenue loss
$0
Type of loss
Active
Additional notes on dislosure: 
(none)