Louisiana 2011 2011 Regular Session

Louisiana Senate Bill SB72 Enrolled / Bill

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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2011	ENROLLED
SENATE BILL NO. 72
BY SENATORS MICHOT, ALARIO, APPEL, CROWE, MARTINY, SMITH AND
THOMPSON AND REPRESENTATIVES JANE SMITH AND KATZ
AN ACT1
To amend and reenact R.S. 51:2461, relative to the Louisiana Quality Jobs Program; to2
extend the deadline for applications to receive tax credits or rebates; and to provide3
for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1.  R.S. 51:2461 is hereby amended and reenacted to read as follows: 6
ยง2461. Application deadline7
On and after January 1, 2012 2018, no new applications to receive incentive8
tax credits or rebates under this Chapter shall be approved by the Department of9
Economic Development. However, an employer which, prior to January 1, 201210
2018, has been approved by the department to receive incentive tax credits or rebates11
under the program shall continue to receive tax credits or rebates pursuant to the12
terms of its agreement with the state of Louisiana as long as the employer retains its13
eligibility.14
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: