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Current as of January 01, 2023 | Updated by FindLaw Staff
A. A business shall be eligible to participate in the program if it determines all of the following requirements are met:
(1) The business is relocating a headquarters to the state, or is expanding a headquarters in the state.
(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 the state.
(3) The secretary determines that securing the project will result in a significant positive economic benefit to the state.
(4) Relocation or expansion of the headquarters will create a minimum of twenty-five headquarters jobs.
B. No business engaged in gaming or gambling shall be eligible for the program.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 51, § 3112. Eligibility requirements - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-51-sect-3112/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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