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Tax CreditLouisianaActiveVerified

Louisiana Industrial Tax Exemption Program (ITEP)

Louisiana Board of Commerce and Industry / LED (BCI)LA-ITEPRefreshed 1 month ago
Do I qualify?
Who can apply

Businesses, Gov entities

Government-funded

Max funding

Varies

Amount varies

Type

Tax Credit

Reduces tax liability

Deadline

Rolling

No fixed cutoff

Timing

Annual tax return

Claim with year-end filing

Complexity

Moderate

File with tax return

About This Program

Property tax abatement of up to 80% for 10 years on new manufacturing plant and equipment in Louisiana. One of the nation's most generous industrial incentives, ITEP helps manufacturers offset the cost of building and equipping new or expanded facilities.

Key Requirements & Eligibility

  • 1Must be a manufacturing facility in Louisiana
  • 2Applies to new investment in plant and equipment (not land)
  • 3Abatement: 80% for 8 years + 80% for 2-year renewal (negotiated by local governments)
  • 4Job creation targets negotiated with local governments
  • 5Apply before construction begins; granted by Board of Commerce and Industry

Do I qualify?

Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Must be a manufacturing facility in Louisiana

2.Applies to new investment in plant and equipment (not land)

3.Abatement: 80% for 8 years + 80% for 2-year renewal (negotiated by local governments)

4.Job creation targets negotiated with local governments

5.Apply before construction begins; granted by Board of Commerce and Industry

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