Industrial Tax Exemption

Overview

The Industrial Tax Exemption, or ITE, Program provides property tax abatement for up to 10 years on a manufacturer’s new investment and annual capitalized additions. This exemption applies to all improvements to the land, buildings, machinery, equipment and any other property that is part of the manufacturing process.

Benefits

Provides a 100% property tax abatement for up to 10 years on manufacturer’s qualifying capital investments.

Eligibility

Available exclusively to manufacturers.

Available to manufacturers new to the state, as well as new investments and miscellaneous capital additions to existing facilities in Louisiana.

In order to qualify for ITE, tax-exempt property must remain on the plant site at all times.

The land itself is not eligible for tax exemption, nor are assets that have had property taxes paid on them – whether by current owner or previous owners – unless there are improvements to a building; then the improvements alone can be exempted.

For comprehensive rules and details on eligibility, please review Related Content below and contact the appropriate administrator.

How to Apply

A manufacturer must submit an Advance Notification form if an individual project is to be greater than $5 million, or if the business is also applying for another incentive, e.g., Enterprise Zone or Quality Jobs, for the same project. The Advance Notification form must be filed prior to purchasing materials or prior to the beginning of construction.

A manufacturer may submit an application with an accumulation of Miscellaneous Capital Additions (MCA) for a compilation of small capitalized expenditures (projects) that are completed by the end of a calendar year and not greater than $5 million per application. More than one MCA application may be submitted per year.

Contracts may be granted for a maximum of five years. An option to renew the exemption for an additional five years is available. Note: An exemption cannot be granted for more than a total of 10 years on any investment.

For further details on application requirements, review the Fact Sheet in Related Content.

The following forms can be completed, then mailed with the appropriate fee to LED, Business Incentive Services, P.O. Box 94185, Baton Rouge, LA 70804-9185.

Related Content

Application Forms

Forms with an asterisk (*) may also be filled out online through Fastlane.

Amendments to Current Contracts

This program is administered by Louisiana Economic Development through the Board of Commerce & Industry.

For information regarding the Industrial Tax Exemption Program, contact the program administrator:

Lori Weber
225.342.6442
weber@la.gov

Shamelda Pete
225.342.5341
shamelda.pete@la.gov