LAC 13:I.4503. Eligibility Requirements; Invitation to Participate; Application

A. The secretary may invite a business to participate in the program, upon determining the business meets all of the following criteria: 1. the business is relocating a headquarters to Louisiana or is expanding headquarters in Louisiana; 2. the secretary determines that participation in the program will be a significant factor in a highly competitive site selection situation to encourage the business to relocate or expand the headquarters in Louisiana; 3. the secretary determines that securing the project will result in a significant positive economic benefit to the state; and 4. relocation or expansion of the headquarters will create at minimum of 25 headquarters jobs. B. A business engaged in the gaming or gambling shall not be eligible for participation in the program. C. 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.