2022 Regular Session ENROLLED
SENATE BILL NO. 41
BY SENATOR REESE AND REPRESENTATI VE BISHOP
1 AN ACT
2 To amend and reenact R.S. 51:2461, relative to the Louisiana Quality Jobs Program Act; to
3 provide for an extension of the program application deadline; and to provide for
4 related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1. R.S. 51:2461 is hereby amended and reenacted to read as follows:
7 ยง2461. Application deadline
8 On and after July 1, 2022, no No new advance notifications under this
9 Chapter shall be accepted by the Department of Economic Development after
10 June 30, 2026. However, an employer which, prior to July 1, 2022, has been that
11 was approved by the department to receive incentive tax credits or rebates incentives
12 under the program on or before June 30, 2026, shall continue to receive tax credits
13 or rebates incentives pursuant to the terms of its agreement with the state of
14 Louisiana as long as the employer retains its eligibility.
15 Section 2. This Act shall become effective upon signature by the governor or, if not
16 signed by the governor, upon expiration of the time for bills to become law without signature
17 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
18 vetoed by the governor and subsequently approved by the legislature, this Act shall become
19 effective on the day following such approval.
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
ACT No. 254
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.