Summary
Up to 6% cash rebate on payroll for new jobs for 10 years. Stacks with ITEP. Requires state approval and employee count verification.
Benefit
- Percentage
- —
- Flat
- —
- Duration
- 10 years
- Max annual
- — (taxpayer)
- Max total
- — (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- taxpayer_earned
- Claimant subject
- business
- Refund/transfer election
- refundable_only
- Program family
- —
- Effective
- —
- Sunset
- —
- Application deadline
- —
- Transfer discount
- —
Hard requirements (2)
- max_existing_employeesBusiness must have 50 or fewer employees prior to new hiring
- min_new_jobsMust create at least one new job
Preference / tiering rules (0)
None.
NAICS industries (0)
Any.
Geo zones (1)
- statewide — · Statewide (all Louisiana parishes)
Tags (2)
- requires_application: true
- stacks_with: ITEP,RDC,EZ
Tax bases
- corporate_income_taxprimary