DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 354 Original 2020 Regular Session Davis
Abstract: Adds an additional 8% payroll rebate for new direct jobs created pursuant to the Quality
Jobs Program that pay at least $25.32 per hour.
Present law establishes the Quality Jobs Program under which the Dept of Economic Development
can enter into contracts with qualified employers for certain payroll rebates and either a state and
local sales tax rebate for purchases of materials for new infrastructure, machinery and equipment or
a project facility expense rebate for certain qualified capital expenditures.
Present law defines "benefit rate" for purposes of new direct jobs created as follows:
(1)4% for new direct jobs created that pay at least $18 per hour.
(2)6% for new direct jobs created that pay at least $21.66 per hour.
Proposed law retains present law but adds a benefit rate of 8% for new direct jobs created that pay
at least $25.32 per hour.
Present law requires an employer that qualifies to receive a payroll rebate to file an application for
the annual rebate at the end of a fiscal year with the Dept. of Economic Development. The
application shall contain a sworn statement that the employer remained a qualified employer under
the provisions of present law and shall include information such as the total number of and the gross
payroll of new direct jobs created which were paid a total of at least $18 per hour and at least $21.66
per hour.
Proposed law retains present law but adds a requirement that the sworn statement also include the
total number of and the gross payroll of new direct jobs created which were paid a total of at least
$25.32 per hour
(Adds R.S. 51:2453(1)(c) and 2457(A)(2)(b)(iii))