Home News State $15M in industrial tax breaks stalled

$15M in industrial tax breaks stalled


BATON ROUGE — About $15 million in property tax breaks for manufacturing facilities were stalled Monday by a state board that reviews them, after Gov. John Bel Edwards said he wants the tax breaks tied to jobs.

Once seen as a rubber stamp on the tax breaks, the Board of Commerce and Industry deferred action on more than two dozen requests for the Industrial Tax Exemption Program.

In some instances, companies seeking the tax breaks can submit additional information to try to persuade the board. In others, the board is awaiting guidance from Edwards on how far he wants the new rules