INCENTIVE DESCRIPTION

State:	LA
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Jobs Credits
Description:	1. QUALITY JOBS PROGRAM- This incentive provides a refund of certain income taxes based upon the number of new jobs created and must meet a minimum annual payroll. The amount of the benefit will be determined by the percentage over federal minimum hourly rates and will range from 5% to 6%. 2. CORPORATE JOBS TAX CREDIT Provides a credit of up to $225 per new employee and can be used against state corporate income taxes. This credit can not be used with the property tax exemption or enterprise zone credits. Please see Enterprise Zone credits (Enterprise Zone Job Tax Credit).
Eligibility Requirements:	1. Business must be an eligible business (i.e. manufacturing, oil/gas, central administrative office, distribution center and other back-office operations). Must provide approriate benefits and create a minimum of 5 new jobs. 2.Must be an eligible industry. Must meet all other qualifications.
Geographic Restrictions:	Statewide
Granting Authority:	State of Louisiana

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.