LAC 13:I.4103

LAC 13:I.4103. Eligibility Requirements; Invitation to Participate; Application

Last amended: 2012Year: 2026Length: 232 wordsOfficial source

Cite as La. Admin. Code tit. 13, pt. I, § 4103

A. The secretary may invite a business to participate in the program, upon determining the business meets all of the following criteria: 1. at least 50 percent of the total annual sales of the business from its Louisiana site or sites is to out-of-state customers or buyers, or to in-state customers or buyers who resell the product or service to an out-of-state customer or buyer for ultimate use, or to the federal government, or any combination thereof; 2. the activities of the Louisiana site or sites include at least one of the following: a. corporate headquarters; b. logistics; c. warehousing; d. data center; e. clean technology f. destination health care; g. research and development; h. renewable energy; i. digital media and software development; or j. any other business sector targeted by the secretary as a focus of the department’s economic development efforts; 3. except when the business will provide at least 25 new headquarters jobs or shared service center jobs, the business is not primarily engaged in any of the following sectors: a. retail sales; b. real estate; c. professional services; d. natural resource extraction or exploration; e. financial services; or f. venture capital funds; 4. the business is not engaged in gaming or gambling. B. At the invitation of the secretary, a business may apply for participation in the program by submitting certified statements and substantiating documents as required by LED.
LAC 13:I.4103: LAC 13:I.4103. Eligibility Requirements; Invitation to Participate; Application | Justis AI