Overview
The Industrial Tax Exemption (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
Review a sample calculation of benefits in the Related Content section to see how this incentive
could apply to your business.
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) which 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 5 years. An option to
renew the exemption for an additional 5 years is available. Note:
An exemption cannot be granted for more than a total of ten 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
Administration
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
