La. Admin. Code tit. 13 § III-2133

Current through Register Vol. 50, No. 11, November 20, 2024

Section III-2133 - Criteria

A. LED will consider various factors when determining which proposal will be funded. Among the factors which may be taken into account in the review of the award requests are the following:

1. needs of the entertainment industry;

2. disbursement of funding statewide;

3. unique or innovative nature of the proposed project;

4. availability of other federal, state, local or private funding programs for the project;

5. the terms of the "clawback" (or refund) provisions, in the event of a default;

6. evidence of likely success of project;

7. availability of funding; and

8. best interest of the state.

La. Admin. Code tit. 13, § III-2133

Promulgated by the Department of Economic Development, Office of Entertainment Industry Development, LR 461080 (8/1/2020).

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:6007.