Enterprise
Zone
Allows
businesses a tax credit for wages paid by providing a onetime tax credit of
$2,500* for each net new permanent job created in the first five years for
businesses that locate or expand in designated enterprise zones or hire
employees living in an enterprise zone.
Restoration
Tax Abatement
Program
allows a taxpayer who renovates a historic building or building in a historic
district to lock in the property tax at the pre-renovation assessment for five
to ten years.
Quality
Jobs Program
To
encourage businesses to locate or expand existing operations in Louisiana,
focusing on Louisiana: Vision 2020 clusters, giving a gross payroll
rebate of 5 -6% of new jobs, and a sales tax rebate to eligible companies.
Louisiana
Motion Picture Incentive Act
A
Sales and Use Tax Exclusion, Employment Tax Credit and a Transferable Investor
Tax Credit which encourages film and video production in Louisiana, advocates
the hiring of Louisiana technical crew and talent and to support and encourage
the use of Louisiana equipment and services related to film and video
production.
Louisiana
Rehabilitation Credit
Administered
by the Louisiana Division of Historic Preservation, a federal tax credit to
encourage the restoration, rehabilitation and renovation of historic buildings
in Louisiana, equal to the lesser of 25% of the rehabilitation cost or $250,000.
Industrial
Tax Exemption
Five
to ten year exemption from Ad Valorem taxes for a manufacturing
establishment entering Louisiana or any manufacturing establishment expanding
its existing Louisiana facility.
