Enterprise Zone Program (Louisiana)

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Last modified on February 12, 2015.

EZFeed Policy

Place Louisiana


   
Applies to States or Provinces Louisiana
Name Enterprise Zone Program (Louisiana)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive, Enterprise Zone
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes

Implementing Sector State/Province



























Program Administrator Louisiana Economic Development
Primary Website http://www.louisianaeconomicdevelopment.com/page/enterprise-zone



Last Review 2014-09-15



Summary

The Enterprise Zone Program is a jobs incentive program providing Louisiana income and franchise tax credits to businesses hiring at least 35% of net, new jobs from targeted groups. Enterprise Zones (EZs) are areas with high unemployment, low income, or a high percentage of residents receiving some public assistance. A business is not required to be located in the EZ, but must create permanent jobs at the EZ site (see eligibility requirements on the website). Benefits include a one-time $2500 credit per job or a 1.5% Refundable Investment Tax Credit.



Policy Contact

Contact Name Roshonda Hanible
Department Louisiana Economic Development
Division Enterprise Zone Program




Phone 225-342-5382


Email Roshonda.Hanible@la.gov

Contact Name Marylyn Friedkin
Department Louisiana Economic Development
Division Enterprise Zone Program




Phone 225.342.9228


Email Marylyn.Friedkin@la.gov

     


















References