2018 Louisiana Laws
Revised Statutes
TITLE 51 - Trade and Commerce
RS 51:3112 - Eligibility requirements
§3112. Eligibility requirements
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.
Acts 2012, No. 503, §1, eff. July 1, 2012.
