Quality Jobs Program (Louisiana)

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Last modified on February 12, 2015.

EZFeed Policy

Place Louisiana


   
Applies to States or Provinces Louisiana
Name Quality Jobs Program (Louisiana)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive, Rebate Program
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/quality-jobs



Last Review 2014-09-15



Summary

The Quality Jobs Program provides a cash rebate to companies that create well-paid jobs and promote economic development. Benefits include a 5-6% cash rebate of annual gross payroll for new, direct jobs for up to ten years, or up to 1.5 investment tax credit for qualified expenses.

Business must be in one of the following industries:

Bioscience, Manufacturing, Software, Environmental Technology, Food Technology, Advanced Materials or Oil and Gas Field Service

OR

Must have at least 50% of annual sales out-of-state and/or to in-state customers or buyers if the product or service is resold by the purchaser to an out-of-state customer or buyer or to the federal government.

OR

Must be located in an area designated by Louisiana Economic Development as a distressed region. A distressed region is either of the following: A parish that is within the lowest 25% of parishes based on per capita income; A census tract block group that is below the state median per capita income, based upon the latest federal decennial census.

Nonprofit organizations are not eligible, unless the department determines that the new direct jobs created by the organization would have a significant impact on Louisiana



Policy Contact

Contact Name Frank Favaloro
Department Louisiana Economic Development
Division Quality Jobs Program




Phone 225.342.5402


Email ffavaloro@la.gov

Contact Name Felipe Martinez
Department Louisiana Economic Development
Division Quality Jobs Program




Phone 225.342.5883


Email felipe.martinez@la.gov

     


















References