Establishes the La. Rural Jobs Act Tax Credit Program and authorizes a tax credit for rural growth investments made by rural growth funds (RE1 -$56,000,000 GF RV See Note)
In manufacturing and investment tax credit, further providing for definitions relating to rural jobs and investment tax credit, for rural growth funds, for claiming the tax credit and for revocation of tax credit certificates.
Reduces the amount of certain tax credits beginning January 1, 2014, for income tax credits and January 1, 2015, for corporate franchise credits (RE INCREASE GF RV See Note)
Provides relative to premium tax credits under the Louisiana Entrepreneurial Assistance and Development (LEAD) program. (8/15/11) (EN -$37,500,000 GF RV See Note)