LAC 13:I.1703. Qualifications

A. To qualify for the exemption, in whole or in part, from the taxation referenced in Section 1715, the applicant must be: 1. a person defined as an employer within the meaning of R.S. 51:2453(1)(b)(1) and in §1105.A.1-A.5 of the quality jobs rules promulgated by this board; 2. an existing business with operating Louisiana facilities. The applicant must be able to demonstrate to the board's satisfaction that because of the exemption as well as its current and projected operating business plan and projections with the exemption, it will continue to maintain its current employment levels and will commit to significant investment sufficient to continue to grow and prosper in Louisiana.