- A. Tax credits shall be issued on a first come, first served basis, based upon the date of final certification.
- B. No applicant shall receive a final certification of tax credits under this program in an amount greater than $1,800,000 for certified cargo in any calendar year.
- C. LED shall not issue final certification of tax credits under this program in a total amount for all applicants greater than $4,500,000 in any single fiscal year.
- D. Applications exceeding the limitations provided in this Section will be deemed reduced to the applicable limits.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 47:6036.
Historical Note
HISTORICAL NOTE: Promulgated by the Department of Economic Development, Office of the Secretary, LR 40:2240 (November 2014), amended LR 48:403 (March 2022).