Global Trade Alert
Global Trade Alert

United States of America/State of Louisiana: Film tax credit program scaled back but focused on hiring of Louisiana residents

Announcement

19 Jun 2015

In an agreement reached in 2014 with the state of Louisiana, Cheniere Energy Inc. will expand its Sabine Press liquefied natural gas export facility in Cameron Parish. The incentive package includes a requirement to hire locally.

Source

Sign in to access

Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

01 Jul 2015

Revocation date:

No revocation date

Tax or social insurance relief In force

The company will utilize Louisiana’s Quality Jobs and Industrial Tax Exemption Program incentives on the project. According to data posted <a href="http://www.goodjobsfirst.org/sites/default/files/doc...

Sign in to see more
Local labour requirement In force

Conditions for eligibility for the USD 1.7 billion tax exemption granted through the Quality Jobs Program include a minimum hiring requirement of local staff and minimum percentages of revenues meetin...

Sign in to see more