1. A. The following general principles will direct the administration of the program.

   1. 1. Grant awards are not to be considered as an entitlement for companies, and the secretary has the final authority to determine whether or not each particular applicant is eligible and meets the criteria of the grant award, and in all such circumstances, the exercise of that discretion shall be deemed to be a final determination of the applicant’s award status.
   2. 2. Applications shall be accepted on a year round basis, subject to availability of funding in any given year, or as otherwise determined by LED.

   3. 3. As a general rule applicants may apply for more than one statutory benefit program administered by LED, provided that:

      1. a. separate applications are submitted per program; and
      2. b. program applicants do not receive a double benefit on the same expenditure or job.
   4. 4. Except that notwithstanding any other provision of law to the contrary, a company seeking the benefits of this High Impact Jobs Program shall not also receive rebates provided for under the Quality Jobs Program as provided for in R.S. 51:2451 through 2461.

2. B. Program funding.

   1. 1. Funding for this program is provided by any money transferred, donated, or appropriated to the High Impact Job Fund (“Fund”).
   2. 2. LED may not authorize issuance of grant payments exceeding the available monies in the Fund.

   3. 3. The issuance of grant payments shall be subject to funding availability in any given fiscal year, and administered based upon a first come, first served basis, as determined by the completion date.

      1. a. Any applicants with completions on the same business day shall be treated as received at the same time, and if the aggregate amount of requests received on a single business day exceed the amount of funding available, payments shall be made on a pro rata basis.
      2. b. In the event the aggregate amount of requests exceed the annual program cap, the excess requests shall be treated as having been applied for on the first day of the subsequent year.

Authority Note

AUTHORITY NOTE: Promulgated in accordance with R.S. 36:104 and R.S. 51:2771

Historical Note

HISTORICAL NOTE: Promulgated by Louisiana Economic Development, Office of Economic Development, LR 51:2102 (December 2025).