LED Announces Changes In Industrial Tax Exemption Program
Louisiana Economic Development announced changes to the state's industrial tax exemption program, which include allowing local governments to sign off on the level of local tax exemption to be granted, and ensuring that ITEP contracts are accompanied by a Cooperative Endeavor Agreement
Terrebonne Parish Council Approves Med Center Bonds
The Terrebonne, LA Parish Council approved the issuance of bonds for a new electronic medical records system at Terrebonne General Medical Center.
Lake Charles, LA Project Receives $4.55M Tax Credit
Construction has begun on a $3 billion ethane cracker plant in Lake Charles, LA. Louisiana has offered the project an incentive package that includes a Modernization Tax Credit of $4.55 million, as well as additional incentives for infrastructure improvement.
Baton Rouge Mayor Asks for $10M Bond
Mayor-President Kip Holden has presented plans for a tram connecting downtown Baton Rouge to LSU to the public, and will ask the Metro Council for a $10 million bond to kick start the $170 million project.
LPFA Grants Cameron Parish Pre-Approval to Issue Bonds
The Louisiana Public Facilities Authority gave preliminary approval to Cameron Parish to issue bonds for a $1.5 billion deepwater port. Port Cameron LLC will be able to issue $35 million in bond anticipation notes for development costs associated with the first phase of the 500-acre project.
LA Delves into Budget 'No One Likes'
Louisiana lawmakers returned to the drawing board for the third time this year in an effort to close a budget deficit without imposing severe cuts to critical state services.
Energy Investment Partnerships: Product Offerings & Market Assessment
Factsheet 2 of the Energy Investment Partnerships covers clean energy through bond markets, credit enhancements and capital markets, property assessed clean energy, and market assessment.
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