Industrial Tax Exemption Program

Application is to be submitted online via FLNG no later than 90 days after start of operations or end of construction, whichever occurs first. Failure to file application within the prescribed timeframe will result in expiration of the Advance Notification.

Note: LED may grant an extension of up to six months for the filing of an application, provided that the request for extension is received prior to the filing deadline.

Must be completed, signed and notarized. Affidavit with original signatures must be uploaded as an attachment to the application.

Note: If you are a consultant and filing on behalf of a company, you must complete and submit the Disclosure Authorization form via FastLane.

Upon receipt of application, affidavit and fee, LED will review the application for compliance, verify submitted information and provide a copy of the application for review to the Louisiana Department of Revenue.

LDR reviews the application and must issue a letter-of-no-objection or a letter-of-approval prior to the application’s presentation to the Board of Commerce & Industry (“Board”) for consideration.

Upon meeting the above requirements, the application is presented to the Board of Commerce and Industry for consideration. Applicants will be notified by email within seven days of the scheduled board meeting. The board convenes every other month, meeting six times per calendar year.

Within three business days of BC&I approval, LED will provide notice of the approved ITEP application to the Local ITEP Committee, the parish tax assessor, and notice of the approval will be posted on the LED Board website.. Upon receipt of notice, a 15-day period begins.

• Within the 15-day period, a Local ITEP Committee maynotice a public meeting to consider the Application.
• If the Local ITEP Committee places the Application on the agenda for a public meeting, the committee will have an additional 30 days (for a total of 45 days from the start of the notice period) to conduct a public meeting.
• The committee shall submit to the department a resolution stating the approval or rejection of industrial ad valorem tax exemption applications within its jurisdiction and must be submitted to LED no lather than 45 days from the start of the notice period.
• If a local governmental entity does not take action or provide notice as required in the ITEP rules, the application will be deemed approved by that entity.

Decisions by the committee are not dispositive and do not bind the governor or board.

Upon subsequent receipt of the Local ITEP Committee’s determination, a contract will be sent electronically from LED to the designated contract signatory.

For contracts executed prior to the beginning of operations or end of construction of the project, an Annual Project Status Report must be filed by December 31 of the year following board action and all subsequent years until the Project is complete.

File via FLNG no later than 90 days of the start of operations, completion of construction, or receipt of the fully executed contract, whichever occurs last.

File via FLNG within six months of the start of operations, completion of construction or within 90 days of the receipt of the executed contract, whichever occurs last.

Renewal application and contract affidavit must be submitted online not more than six months before, and not later than, expiration of the initial five-year contract. Eligibility of the applicant and the property for renewal will be reviewed using the same criteria that was used for the initial contract and consideration will be based upon the applicant’s performance during the initial term of the contract. Upon LED receipt and review of the completed renewal application and attached affidavit, the renewal application will be presented to the Board. The Board has the option of submitting an approved renewal application to the local governmental entities for approval in accordance with the procedures for approval of the initial exemption contract.