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Board of Commerce and Industry, LA

Board of Commerce and Industry public meetings in 2023

7 substantive meetings from 2023, with official agendas or minutes and plain-English summaries.

Wed Dec 6, 2023

Board of Commerce and Industry

Board reviews $1 billion in industrial tax exemption applications

The Board of Commerce and Industry is reviewing several economic development programs, including new applications for the Quality Jobs, Restoration Tax Abatement, and Enterprise Zone programs. The meeting also includes consideration of 12 new Industrial Tax Exemption applications totaling over $1 billion in estimated investments.

economic-developmenttax-exemptionbusiness-incentivesindustrial-tax-exemptionjob-creation
✓ Decided: Board of Commerce and Industry approves multiple tax and job program applications

The Board approved several new and renewal applications for the Quality Jobs, Restoration Tax Abatement, Enterprise Zone, and Industrial Tax Exemption programs. It also approved three contract terminations and one tax exemption transfer. Two Industrial Tax Exemption applications were deferred to February.

Wed Oct 25, 2023

Board of Commerce and Industry

Board reviews billions in industrial tax exemption and job program applications

The Board of Commerce and Industry is reviewing numerous applications for various economic incentive programs. Key items include new Quality Jobs, Restoration Tax Abatement, and Enterprise Zone applications, as well as renewals and amendments for existing industrial tax exemptions.

economic-developmenttax-exemptionindustrial-incentivesjob-creationbusiness-applications
✓ Decided: Board approves multiple industrial tax exemptions and renewals

The Board of Commerce and Industry approved 14 new Industrial Tax Exemption (ITE) applications and 16 pre-EO renewals. It also approved several special requests for project extensions and location changes, while granting leniency without penalties to multiple noncompliant companies.

Wed Aug 23, 2023

Board of Commerce and Industry

Board reviews $6 billion in industrial tax exemption applications

The Board of Commerce and Industry is reviewing various economic development programs, including the Quality Jobs, Enterprise Zone, and Industrial Tax Exemption programs. The agenda includes dozens of new applications for tax abatements and renewals involving significant investments across multiple Louisiana parishes.

tax-exemptioneconomic-developmentbusiness-incentivesindustrial-tax-exemptionquality-jobsenterprise-zone
✓ Decided: Board approves multiple tax exemptions and program renewals

The Board of Commerce and Industry approved several new and renewing applications for the Quality Jobs, Restoration Tax Abatement, and EZ programs. The Board also ratified a contract amendment for Cornerstone Chemical Company and waived penalties for noncompliance for Equilon Enterprises, Bagwell Energy Services, and K&B Machine Works.

Fri Jul 14, 2023

Board of Commerce and Industry

Board to consider $7.1B in industrial tax exemptions, 4,016 construction jobs

The Louisiana Board of Commerce and Industry will consider multiple tax incentive applications, including three Pre-EO Industrial Tax Exemption applications totaling $7.1 billion in investments, promising 240 new permanent jobs and 4,016 construction jobs. Also on the agenda are nine new Enterprise Zone applications with $48.6 million in investments and 447 new permanent jobs, as well as contract terminations, transfers, cancellations, and special requests for amendments.

tax-incentiveseconomic-developmentindustrial-tax-exemptionenterprise-zonerestoration-tax-abatementjobsinvestmentslouisiana
✓ Decided: Board approves multiple tax abatements and resolves noncompliance cases

The Board of Commerce and Industry approved several new tax abatement and Enterprise Zone applications. It also resolved various noncompliance issues, mostly by approving renewals or reporting periods without penalty, though it terminated one contract specifically for the municipality of Mansura.

Wed Apr 26, 2023

Board of Commerce and Industry

Board reviews $1.3 billion in Quality Jobs applications and various tax exemptions

The Board of Commerce and Industry is reviewing multiple economic development programs, including the Quality Jobs Program and Industrial Tax Exemption applications. The meeting includes decisions on new investment applications, renewals, and special requests regarding tax abatements and contract transfers.

economic-developmenttax-exemptionjobsinvestmentindustrial-tax-exemptionquality-jobs-program
✓ Decided: Board approves multiple tax exemptions and Quality Jobs applications

The Board approved several new and renewal applications for the Quality Jobs, Restoration Tax Abatement, and Enterprise Zone programs. It also ruled on various Industrial Tax Exemption Program (ITEP) compliance issues, granting most without penalty while imposing one specific penalty. One noncompliance case for Kerotest Manufacturing Corporation was deferred for further information.

Wed Mar 1, 2023

Board of Commerce and Industry

Board to consider $8.3B in industrial tax exemptions, 13 new applications

The Board of Commerce and Industry will vote on 13 new Industrial Tax Exemption applications totaling $8.3 billion in investments, along with Quality Jobs, Restoration Tax Abatement, and Enterprise Zone program items. The meeting also includes approval of minutes, election of officers, and secretary remarks.

tax-exemptionseconomic-developmentjobsinvestmentindustrialboard-of-commerce-and-industry
✓ Decided: Board partially grants Folgers Coffee Company tax appeal

The Board approved several Quality Jobs and Industrial Tax Exemption Program (ITEP) applications and renewals. Notably, it granted a partial appeal for Folgers Coffee Company, overrunning local denials for the School Board millage and specific City contracts, while upholding other local rejections. The Board also re-elected Jerald Jones as Chair and Ronnie Slone as Vice Chairman.

Fri Jan 20, 2023

Board of Commerce and Industry

Board to vote on $2.2B in new industrial tax exemptions, 78 permanent jobs

The Louisiana Board of Commerce and Industry will consider 13 new industrial tax exemption applications under 2018 rules totaling $2.2 billion in investments, creating 78 new permanent jobs and 1,385 construction jobs. The board will also vote on 2 new pre-EO applications, 30 pre-EO renewals, and multiple transfers, cancellations, and special requests. Other agenda items include Quality Jobs, Restoration Tax Abatement, and Enterprise Zone program applications.

tax-exemptionseconomic-developmentindustrial-incentivesjobsboard-of-commerce-and-industry
✓ Decided: Board approves multiple industrial tax exemptions and Quality Jobs applications

The Board approved various industrial tax exemption contracts, including two for Union Carbide Corporation without penalty. It also approved several Quality Jobs and Restoration Tax Abatement applications while denying a request from Sierra Frac Sand, LLC to alter a contract effective date due to rule violations.