The Enterprise Zone Program
The Enterprise Zone (EZ) Program is a JOBS incentive program that provides Louisiana Income and Franchise tax credits to a business hiring a minimum number of net new employees. Thirty five percent of these new jobs must be filled from one of the targeted groups. A business does not have to be investing money, just creating additional jobs. The creation of jobs may result in sales/use tax rebates.
More information on the EZ Program can be found here.
Industrial Property Tax Exemption
This is Louisiana's original incentive program, for capital investments, and is for manufacturers only. It may be used by manufacturers new to the State as well as new investments or miscellaneous capital additions to existing facilities in Louisiana. Click here for more.
Quality Jobs Program
This Program provides a refundable tax credit as an incentive to encourage targeted businesses to locate in Louisiana, create quality jobs and promote economic development. This program is administered by the [State of Louisiana] Department of Economic Development.
Restoration Tax Abatement
The Restoration Tax Abatement (RTA) Program is an economic development incentive created for use by municipalities and local governments to encourage the expansion, restoration, improvement, and development of existing commercial structures and owner-occupied residences in Downtown Development Districts, Economic Development Districts, or Historic Districts.
Economic Development Award Program
The economic development award program (EDAP), administered by the Department of Economic Development, provides grants for publicly-owned infrastructure to assist industrial or business development projects that promote economic development and that require state assistance. Go the Louisiana Forward’s program summary for more information. |