Roundup: Shintech gets ITEP / Government survey / Bezos exit businessreport.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessreport.com Daily Mail and Mail on Sunday newspapers.
Louisiana Illuminator
Bill would apply to ITEP and other state tax incentive programs
Louisiana legislators convene in the House of Representatives chambers at the State Capitol during the 2020 special session. (Wes Muller/LA Illuminator. Wednesday Sept. 30, 2020)
House lawmakers on Thursday voted 59-38 for a bill that would change the public records law to allow the state economic development agency to hide certain corporate tax incentive records from the public.
House Bill 456, sponsored by Rep. Rick Edmonds (R-Baton Rouge), proposes to make an exception to Louisiana’s public records law for certain records under the Louisiana Economic Development (LED) tax incentive programs, including the Industrial Tax Exemption Program, Louisiana Quality Jobs Program and Louisiana Enterprise Zone Program.
La House gets halfway to advancing major tax swap neworleanscitybusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from neworleanscitybusiness.com Daily Mail and Mail on Sunday newspapers.
Phase one includes nearly $19 million to upgrade lumber kiln-drying capacity, while the second phase will include an investment of approximately $138 million to completely modernize the Louisiana-based facility.