LAC 13:I.3931. Tax Credit Limitations

A. Tax credits shall be issued on a first come, first served basis, based upon the date of final certification. B. No applicant shall receive a final certification of tax credits under this program in an amount greater than $1,800,000 for certified cargo in any calendar year. C. LED shall not issue final certification of tax credits under this program in a total amount for all applicants greater than $4,500,000 in any single fiscal year. D. Applications exceeding the limitations provided in this Section will be deemed reduced to the applicable limits.