The school board in a south Texas community competing with two Louisiana sites has approved an estimated $1.2 billion in tax breaks to entice Exxon Mobil Corp. and its Saudi partner to build a $9.3 billion petrochemical plant within its district along the Texas Gulf Coast.

Louisiana's film tax credit program could be on its last reel, as Alexandria Senator Jay Luneau plans to file legislation to eliminate the incentives. Luneau says in tough budget times, lawmakers need to assess the return on investment of state funded programs.

Monster Moto opened company's new headquarters and manufacturing campus in Ruston, LA. Monster Moto's relocation consisted of a $4 million capital investment as part of a public-private development to build a 100,000-square-foot facility housing the company's operations at the former site of Ruston's municipal airport, according to Louisiana Economic Development.

Gov. John Bel Edwards' staff is already sifting through the potential impact of President Donald Trump's budget blueprint to Louisiana, noting the biggest concerns were a potential wipe out of the Delta Regional Authority and deep cuts to community-development block grants and the Corps of Engineers.

The Concordia Parish Police Jury recently approved a 100-percent tax abatement for a 250-acre solar farm

Louisiana Economic Development is inviting small construction companies to take part in its Bonding Assistance Program to gain greater access to major construction projects in the state.

The Delta Regional Authority, through a program partnership with the Economic Development Administration, has announced $235,000 in new investments that have added 115 jobs to the Arkansas-Louisiana Multimodal Economic Corridor initiative.

This course will consider how incentives are being used in today's economic environment and outline steps that are being taken to reduce risk and achieve better outcomes. In particular, this course will address the characteristics of well-designed incentive programs and processes to ensure meaningful impact, value, and accountability.

This course brings TIF deal-making and best practices into focus through a two-day program targeting the entire TIF community including economic developers, public agency representatives, bond issuers, legal professionals, developers, financial advisors, and other stakeholders. 

State Partner