Board of Commerce and Industry public meetings in 2022

Board of Commerce and Industry

The Louisiana Board of Commerce and Industry will vote on numerous tax incentive applications, including a $2 billion industrial tax exemption for Sabine Pass Liquefaction in Cameron Parish. The board also considers 10 post-EO industrial tax exemption applications totaling $1.58 billion, 12 Enterprise Zone contract terminations, and a special request from C&C Marine to reduce job requirements. Other items include Quality Jobs and Restoration Tax Abatement renewals.

• $2,011,779,441 industrial tax exemption for Sabine Pass Liquefaction (Pre-EO)
• 10 Post-EO industrial tax exemption applications totaling $1,585,998,611
• 12 Enterprise Zone contract terminations and 1 cancellation
• Partial transfer of Sabine Pass tax exemption contract ($23 million to Sabine Pass LNG)
• Special request from C&C Marine to reduce required new jobs from 35 to 10

The Board approved several new and renewed tax exemption applications, including a $20 billion investment for Sabine Pass Liquefaction. It also decided to take no action on several companies that failed to meet job or payroll requirements, citing pandemic-related labor shortages. Additionally, the Board canceled contracts for South Alexander Development and Enlink Midstream Operating.

• Approved Quality Jobs application for Landlocked Industries, LLC
• Approved Quality Jobs renewals for A.S.A.P Industries Manufacturing, Inc and NVI, LLC with no penalty
• Approved Restoration Tax Abatement Renewal for Marfo, Inc.
• Approved Enterprise Zone Application for Brown & Root Industrial Services, LLC
• Canceled Enterprise Zone contracts for Associated Grocers, Enlink Midstream Operating, and 9 other entities
• Approved $2B Pre-EO ITEP application for Sabine Pass Liquefaction, LLC
• Approved 7 Post-EO 2018 Rule ITEP applications including Blue Runner Foods and Shell Chemical
• Approved 14 Pre-EO Timely Renewal ITEP applications

Board of Commerce and Industry

The Board of Commerce and Industry will vote on 18 new Industrial Tax Exemption applications totaling $4.75 billion in investments, promising 555 new permanent jobs and 3,202 construction jobs. It will also consider Quality Jobs, Restoration Tax Abatement, and Enterprise Zone applications, as well as contract cancellations and transfers. The meeting includes approval of minutes and other business.

• 18 new Industrial Tax Exemption applications: $4.75B investment, 555 new permanent jobs, 3,202 construction jobs
• CF Industries Nitrogen, LLC in Ascension Parish: $2B investment, 88 new jobs, 1,500 construction jobs
• 3 new Quality Jobs applications: $7.46M investment, 147 new permanent jobs
• 2 new Restoration Tax Abatement applications: $10.69M investment, 20 new permanent jobs
• 4 new Enterprise Zone applications: $13.39M investment, 56 permanent jobs

The Board approved multiple new and renewal applications for the Quality Jobs and Restoration Tax Abatement programs. Several companies were granted relief from penalties for noncompliance, while others had contracts canceled. The Board deferred decisions on South Alexander Development and Diversified Foods & Seasonings.

• Approved 3 new Quality Jobs applications (JM Test Systems, Louisiana Sugar Refining, Stewart Enterprises)
• Approved 5 Quality Jobs renewals (ControlWorx, Manchac Technologies, Sleep Number Corp, Total Quality Logistics, Waitr, Inc)
• Approved 2 new Restoration Tax Abatement applications (511 South Main Enterprises, 818 Howard, LLC)
• Approved 18 Post-Executive Order 2018 Rules applications, including Shell's $1.5B project
• Approved 7 Pre-EO Renewal Applications, including Honeywell International
• Approved no-penalty status for noncompliant contracts (Kerotest Manufacturing, Reliant Technologies, C&C Marine and Repair, Community Coffee, Dependable Glassworks)
• Canceled 5 contracts (A.O.U.O.P.S. Inc, Blackwater Harvey, Community Coffee, Juniper Specialty Products)
• Deferred decisions on South Alexander Development and Diversified Foods & Seasonings

Board of Commerce and Industry

The Board of Commerce and Industry is meeting to consider numerous applications for tax incentive programs, including Quality Jobs, Restoration Tax Abatement, Enterprise Zone, and Industrial Tax Exemption. The agenda includes approval of new applications, renewals, transfers, and cancellations. Total proposed investments exceed $5.7 billion, with thousands of new permanent and construction jobs claimed.

• 21 new Industrial Tax Exemption applications under 2018 rules totaling $3.85 billion
• 6 new Quality Jobs applications with $1.22 billion investment and 696 new permanent jobs
• 7 new Enterprise Zone applications with $452.9 million investment and 407 permanent jobs
• 3 Enterprise Zone contract terminations and 5 Industrial Tax Exemption contract cancellations
• 4 new Restoration Tax Abatement applications with $11.4 million investment

The Board of Commerce and Industry approved several new and renewal applications for the Quality Jobs, Restoration Tax Abatement, and Enterprise Zone programs. The board also approved various Industrial Tax Exemption Program (ITEP) applications and resolved several noncompliance cases, mostly without penalty.

• Approved 6 new and 6 renewal Quality Jobs applications
• Approved 4 new and 1 renewal Restoration Tax Abatement applications
• Approved 7 new Enterprise Zone applications
• Approved 3 Enterprise Zone terminations
• Approved ITEP applications for Matheson Tri-Gas, Inc. and Sabine Pass Liquefaction, LLC
• Approved ITEP application for WestRock CP, LLC
• Approved DEXCO Polymers late renewal with a two-year penalty
• Approved noncompliance cases for Air Liquide, Barriere Construction, Cortec, Phillips 66, Stabilis LNG, Fisher Manufacturing, and Cornerstone Chemical without penalty

Board of Commerce and Industry

The Board of Commerce and Industry is reviewing numerous economic development applications, including 14 new industrial tax exemption requests and several program renewals. The meeting also addresses contract terminations for the Enterprise Zone Program and updates on job creation investments.

• 14 new Industrial Tax Exemption applications totaling $2,941,522,340 in investments
• 3 new Quality Jobs Program applications involving $45,346,955 in investments
• 6 new Enterprise Zone Program applications totaling $369,347,091 in investments
• 4 new Restoration Tax Abatement applications totaling $9,567,671 in investments
• Request from WestRock CP LLC to extend capital investment completion to December 31, 2024

Board of Commerce and Industry

The Board of Commerce and Industry is reviewing several economic incentive programs, including new applications for the Quality Jobs and Enterprise Zone programs. The agenda also includes requests for Industrial Tax Exemption renewals and contract terminations.

• 3 new Quality Jobs applications totaling $16,214,173,044 in investments
• 5 new Enterprise Zone applications totaling $140,606,594 in investments
• 15 new Industrial Tax Exemption applications totaling $319,100,304 in investments
• 3 new Restoration Tax Abatement applications totaling $12,680,281 in investments
• 4 Enterprise Zone contract termination requests

The Board approved multiple new and renewal applications for the Quality Jobs, Restoration Tax Abatement, and Industrial Tax Exemption programs. Several companies were penalized or had contracts canceled for non-compliance with job and payroll requirements, while others received waivers due to COVID-19 and hurricane impacts.

• Approved three new Quality Jobs applications: SNF Holding Company, SchoolMint, Inc., and Tellurian Services, LLC
• Approved three Quality Jobs renewals: Glovis America, Inc., Pulpmill Services, Inc., and Targa Resources, LLC
• Approved three new Restoration Tax Abatements: 1920 Jefferson, Gulf Ventures Associates, LLC, and Robertson Street Ventures, LLC
• Approved a one-year grace period extension for Driftwood LNG, LLC (Tellurian)
• Canceled contracts for CLECO Power, LLC, GOEX Powder, Inc., and Phillips 66 Company
• Canceled contracts for Tin Roof Brewing Company, Inc., Advanced Products & Systems, Inc., and TDC, LLC
• Waived penalties for AIT Machine, Louisiana Spirits, LLC, Service Machine and Supply, Inc., and Stuller, Inc.
• Re-elected Jerald Jones as Chairman and Ronnie Slone as Vice Chairman

Board of Commerce and Industry

The Louisiana Board of Commerce and Industry will vote on dozens of tax incentive applications under the Quality Jobs, Restoration Tax Abatement, Enterprise Zone, and Industrial Tax Exemption programs. The largest item is 12 new Industrial Tax Exemption applications under 2018 rules, totaling $17.2 billion in investments and promising 680 permanent and 5,185 construction jobs, including Venture Global CP2 LNG in Cameron Parish. The board will also consider 5 pre-EO ITE applications ($302M), 14 Enterprise Zone applications ($68.5M), and other renewals and transfers.

• 12 new Industrial Tax Exemption (2018 Rules) applications: $17.2B investment, 680 permanent jobs, 5,185 construction jobs (including Venture Global CP2 LNG, $12.96B)
• 5 new Pre-EO Industrial Tax Exemption applications: $302M investment, 46 permanent jobs, 860 construction jobs (Honeywell in Ascension)
• 14 new Enterprise Zone applications: $68.5M investment, 428 permanent jobs, 245 construction jobs
• 1 new Restoration Tax Abatement application: $19.5M investment, 29 permanent jobs, 230 construction jobs (111 Iberville LLC, Orleans)
• 1 new Quality Jobs application: $600K investment, 15 permanent jobs (Click Here Publishing, East Baton Rouge)

The Board of Commerce and Industry approved several new and renewal applications for the Quality Jobs, Enterprise Zone, and ITEP programs. The Board also granted penalty waivers for noncompliant contracts for Centric Pipe, LLC and Inferno Manufacturing, while terminating the contract for Oil & Grit, LLC.

• Approved Quality Jobs application for Click Here Publishing, L.L.C.
• Approved Quality Jobs renewals for AxoSim, Inc. and HR Nu Blu Energy, LLC
• Approved Restoration Tax Abatement for 111 Iberville, LLC
• Approved 14 new Enterprise Zone applications, including Southern Textile Services
• Approved 5 Pre-EO and 16 Post-EO ITEP applications, including Honeywell International
• Approved ITEP renewal for Hunting Energy Services, Inc. with a one-year penalty
• Waived penalties and allowed contract continuation for Centric Pipe, LLC and Inferno Manufacturing
• Terminated ITEP program for Oil & Grit, LLC