La. Admin. Code tit. 13 § I-1703
Current through Register Vol. 50, No. 11, November 20, 2024
Section I-1703 - QualificationsA. To qualify for the exemption, in whole or in part, from the taxation referenced in Section 1715, the applicant must be: 1. a person defined as an employer within the meaning of R.S. 51:2453(1)(b)(1) and in §1105. A 1-A.5 of the quality jobs rules promulgated by this board;2. an existing business with operating Louisiana facilities. The applicant must be able to demonstrate to the board's satisfaction that because of the exemption as well as its current and projected operating business plan and projections with the exemption, it will continue to maintain its current employment levels and will commit to significant investment sufficient to continue to grow and prosper in Louisiana.La. Admin. Code tit. 13, § I-1703
Promulgated by the Department of Commerce, Office of Commerce and Industry, Finance Division, LR 11:944 (October 1985), amended by the Department of Economic Development, Office of Business Development Services, LR 37:3497 (December 2011).AUTHORITY NOTE: Promulgated in accordance with Act 403 of 2005 amending R.S. 47:4301-4306.