Board of Commerce and Industry public meetings in 2021
6 substantive meetings from 2021, with official agendas or minutes and plain-English summaries.
Board of Commerce and Industry
The Louisiana Board of Commerce and Industry will vote on multiple economic incentive applications, including Quality Jobs, Restoration Tax Abatement, Enterprise Zone, and Industrial Tax Exemption programs. The agenda includes new applications, renewals, contract terminations, and a contract transfer. The meeting will be held in person with COVID-19 safety protocols.
- Enterprise Zone: 6 new applications with $808,655,192 in investments, 303 permanent jobs, and 1,377 construction jobs
- Industrial Tax Exemption: 19 new applications with $256,430,806 in investments, 222 new permanent jobs, and 581 construction jobs
- Quality Jobs: 1 new application with $1,933,637 investment, 200 new permanent jobs, and 5 construction jobs
- Restoration Tax Abatement: 4 new applications with $11,046,520 investment, 9 new permanent jobs, and 152 construction jobs
- 23 Enterprise Zone contract terminations requested; 1 late renewal and 1 contract transfer for Industrial Tax Exemption
The Board approved several new and renewal applications for the Quality Jobs, Restoration Tax Abatement, and Enterprise Zone programs. It also addressed noncompliance issues for Inferno Manufacturing and A.W. Chesterton, opting for deferrals or waivers based on company performance and COVID-19 impacts.
- Approved Quality Jobs application for Danos, LLC (Terrebonne Parish)
- Approved 4 new and 5 renewal Restoration Tax Abatement applications
- Approved 6 new Enterprise Zone applications and 23 contract terminations
- Approved 15 new and 30 timely Industrial Tax Exemption (ITEP) renewals
- Granted late ITEP renewal for Morehouse BioEnergy, LLC with a one-year penalty
- Approved transfer of tax exemption contract from HR Nu Blu Energy, LLC to Stabilis LNG Port Allen, LLC
- Cancelled ITEP contracts for Cameron International Corporation and ChampionX, LLC
- Waived payroll penalties and late filing penalties for Inferno Manufacturing
Board of Commerce and Industry
The Board of Commerce and Industry is reviewing various economic development applications. These include the Quality Jobs Program, Restoration Tax Abatement, Enterprise Zone Program, and Industrial Tax Exemption applications.
- 5 new Quality Jobs applications totaling $7,145,537,555 in investments
- 1 new Restoration Tax Abatement application for $9,225,000 in investments
- 12 new Enterprise Zone applications totaling $479,021,023 in investments
- 21 new Pre-EO Industrial Tax Exemption applications totaling $105,460,944
- 21 new Post-EO Industrial Tax Exemption applications totaling $819,894,306
The Board approved a 30-day extension for BCI program deadlines to assist companies impacted by Hurricane Ida and Tropical Storm Nicholas. The Board also approved numerous tax exemptions, renewals, and name changes across several industrial programs.
- Approved 30-day deadline extension for BCI programs due to Hurricane Ida and Tropical Storm Nicholas
- Approved 5 new Quality Jobs applications and 2 renewals
- Approved 1 new Restoration Tax Abatement application and 3 renewals
- Approved 12 new Enterprise Zone applications
- Approved 3 Enterprise Zone contract terminations
- Approved 2 pre-executive order industrial tax exemptions
- Approved 14 Post-EO industrial tax exemptions
- Approved late renewal for Del Corporation with a one-year penalty
Board of Commerce and Industry
The Louisiana Board of Commerce and Industry meets to vote on numerous applications for tax incentive programs, including Quality Jobs, Restoration Tax Abatement, Enterprise Zone, and Industrial Tax Exemption. The agenda includes new applications, renewals, contract terminations, and an appeal. Total proposed investment across all programs exceeds $5.3 billion, with thousands of claimed new and construction jobs.
- 4 new Pre-EO Industrial Tax Exemption applications totaling $4.09 billion from companies including Sasol and Marathon Petroleum
- 19 new Post-EO (2018 Rules) ITEP applications totaling $1.24 billion, including Chalmette Refining ($550M) and Bueche PV1 ($240M)
- 13 new Enterprise Zone applications with $169.5 million investment and 341 permanent jobs
- ITEP appeal from Sommer Brothers Enterprises contesting denial of late renewal
- 12 Enterprise Zone contract terminations and 6 ITEP contract cancellations
The Board approved the Bayou Galion Solar Project in Morehouse Parish following testimony from residents and agricultural representatives. Other actions included approving various Quality Jobs, Restoration Tax Abatement, and Enterprise Zone applications, and appointing Ronnie Slone as Vice Chair.
- Approved Bayou Galion Solar Project (14-6)
- Approved Quality Jobs application for Alliance Safety Council
- Approved Quality Jobs renewal for Cabot Corporation
- Approved Quality Jobs renewal for Louisiana Roots, LLC with a one-year penalty
- Approved Restoration Tax Abatements for La Hermana Mayor, LLC and Mercantile Holdings, LLC
- Approved 13 new Enterprise Zone applications including Benny's Car Wash, LLC
- Approved 12 Enterprise Zone terminations including Elmwood Hospitality, LLC
- Appointed Ronnie Slone as Vice Chair
Board of Commerce and Industry
The Board of Commerce and Industry will vote on numerous tax incentive applications under Quality Jobs, Restoration Tax Abatement, Enterprise Zone, and Industrial Tax Exemption programs. The largest item is 21 new Industrial Tax Exemption applications totaling $1.9 billion in investments. Also notable is a special request from US Foods for a two-year extension on job creation due to Mississippi River high water and COVID-19 delays. The meeting includes approvals of minutes, new applications, renewals, terminations, and contract changes.
- 21 new Industrial Tax Exemption (Post-EO 2018 Rules) applications: $1,921,261,367 investment, 288 new permanent jobs, 4,591 construction jobs
- 6 new Enterprise Zone applications: $342,946,683 investment, 102 permanent jobs, 1,689 construction jobs
- 4 new Quality Jobs applications: $61,169,038 investment, 112 new permanent jobs
- Special request: US Foods seeks two-year extension for job creation due to river levels and COVID-19
- 8 Enterprise Zone contract terminations and 2 contract amendments
The Board approved various Quality Jobs, Restoration Tax Abatement, and Enterprise Zone applications. It also adopted a new process for amending ITEP Exhibit A contracts, requiring local government approval for changes to jobs and payroll. Two solar projects were deferred pending legislative action.
- Approved 4 new Quality Jobs applications and 2 renewals
- Approved 4 new Restoration Tax Abatement applications and 2 renewals
- Approved 6 new Enterprise Zone applications and 8 terminations
- Granted US Foods a two-year extension to meet job requirements until June 30, 2022
- Approved Sabine Pass Liquefaction ITEP application
- Deferred Bayou Galion Solar Project and Bueche PV1, LLC until legislative process is complete
- Adopted resolution requiring local government approval for ITEP Exhibit A amendments
- Approved late renewals for Metro Aviation, Monsanto, Norris Holdings, and WestRock with penalties ranging from 20% to 40%
Board of Commerce and Industry
The Board of Commerce and Industry is reviewing multiple business incentive applications. Items include Quality Jobs, Restoration Tax Abatements, Enterprise Zone renewals or terminations, and Industrial Tax Exemptions.
- 3 new Quality Jobs applications totaling $1,909,782,151 in investments
- 13 new Restoration Tax Abatement applications totaling $62,852,749 in investments
- 19 new Enterprise Zone applications totaling $1,222,880,311 in investments
- Industrial Tax Exemption applications including $334,806,080 for Pre-EO and $9,683,396,423 for Post-EO rules
- 12 Enterprise Zone contract terminations and 10 cancellations
The Board approved several Quality Jobs and Industrial Tax Exemption Program (ITEP) applications, including a contested Marathon Petroleum project contingent on local government approval within 90 days. The Board also approved over 300 tax exemption renewals in globo and elected Jerald Jones as Chair and Heather Malone as Vice Chair.
- Approved three Quality Jobs applications for Amedisys Holding, LLC, Fibrebond Corporation, and Valero Services, Inc.
- Approved five Quality Jobs contract renewals and one name change to LAlumina, LLC
- Approved 13 Restoration Tax Abatement applications and four renewals
- Approved 19 new Enterprise Zone applications and 12 contract terminations
- Canceled 10 Enterprise Zone contracts due to failure to meet program requirements
- Approved Marathon Petroleum applications 1606 and 1606-A contingent on local government approval within 90 days
- Approved four additional Marathon Petroleum applications (609, 1610-A, 20152053, 20152026)
- Approved 300+ ITEP renewals in globo, with some approved with 20% penalties for late filing
Board of Commerce and Industry
The Louisiana Board of Commerce and Industry will vote on two new industrial tax exemption applications under 2018 rules, involving $538.9 million in investments, 2,044 construction jobs, and zero new permanent jobs. The board will also consider three partial transfers of tax exemption contracts from ChampionX LLC to Nalco Production LLC in St. John the Baptist Parish. The meeting is held virtually due to the COVID-19 public health emergency.
- Exxon Mobil Corporation, East Baton Rouge Parish, $230.5 million investment, 0 new permanent jobs, 1,558 construction jobs
- Willis Pond PV1, LLC, East Feliciana Parish, $308.3 million investment, 0 new permanent jobs, 486 construction jobs
- Partial transfer of three ChampionX LLC contracts to Nalco Production LLC, retaining $1.8 million and transferring $10.5 million in exempted value
- Meeting conducted via Zoom only; public comments accepted by email or during the meeting
- Approval of minutes from November 13, 2020
The Board approved Industrial Property Tax Exemption (ITEP) applications for ExxonMobil and Willis Pond PV1, LLC. The Board also approved three partial transfers of ownership for ChampionX, LLC to Nalco Production, LLC. Approval of the November meeting minutes was deferred to February.
- Approved ExxonMobil ITEP application 20200425 (Unanimous)
- Approved Willis Pond PV1, LLC ITEP application (Unanimous)
- Approved partial transfer of ownership for ChampionX, LLC 20160707 to Nalco Production, LLC (Unanimous)
- Approved partial transfer of ownership for ChampionX, LLC 20160726 to Nalco Production, LLC (Unanimous)
- Approved partial transfer of ownership for ChampionX, LLC 20160768 to Nalco Production, LLC (Unanimous)
- Deferred approval of November meeting minutes to February meeting (Unanimous)