LCA

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LED Revises ITEP Renewal Affidavit

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The Louisiana Department of Economic Development has released a revised version of the renewal letter and affidavit in regards to the changes in the Industrial Tax Exemption Program. The revised letter and affidavit are linked below: 

Revised Letter

Revised Affidavit 

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Gov. John Bel Edwards announces dates, call, for Special Session

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GOVERNOR EDWARDS MAKES CALL FOR SPECIAL SESSION

Baton Rouge - Today, Gov. John Bel Edwards released his plan to eliminate the $304 million budget shortfall for the current fiscal year. The plan includes using the state’s Budget Stabilization Fund, also known as the Rainy Day Fund, as well as other...

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Revenue Estimating Adopts Mid-Year Budget Shortfall

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The Revenue Estimating Committee met Jan 13 and adopted a mid-year shortfall for the 2016-17 state budget. The estimated shortfall is $340 million, with some adjustments that will leave the state needing to cut $313.5 million before the fiscal year ends on June 30.

Some of the cuts can be handled...

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LCA Testifies at LED Hearing on ITEP Rules Changes

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The Louisiana Department of Economic Development hosted a public hearing on December 29, 2016 to hear comments on proposed rule changes regarding the Industrial Tax Exemption Program.

The proposed rules changes were originally suggested in an Executive Order by Gov. John Bel Edwards back in June...

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