Louisiana Revised Statutes 39:16.10 – A.(1) The commissioner shall ensure the website includes an incentives database that is electronically searchable by the public.
Terms Used In Louisiana Revised Statutes 39:16.10
- Agency: means any state office, department, board, commission, institution, division, officer or other person, or functional group, heretofore existing or hereafter created, that is authorized to exercise, or that does exercise, any functions of the government of the state in the executive branch, but not any governing body or officer of any local government or subdivision of the state, or any parochial officer who exercises functions coterminous with the municipality in which he performs those functions. See Louisiana Revised Statutes 39:2
- Commissioner: means the commissioner of administration. See Louisiana Revised Statutes 39:16.1
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Official forecast: means the most recently adopted estimate of money available for appropriation by the Revenue Estimating Conference as provided in La. See Louisiana Revised Statutes 39:2
- Program: means a grouping of activities directed toward the accomplishment of a clearly defined objective or set of objectives. See Louisiana Revised Statutes 39:2
NOTE: Paragraph (A)(1) eff. until July 1, 2026, or the day after the commissioner of administration and the legislative auditor report to the legislature that the transition is complete, whichever is earlier. See Acts 2023, No. 446.
A.(1) The commissioner shall ensure the website includes an incentives database that is electronically searchable by the public.
NOTE: Paragraph (A) (1) as amended by Acts 2023, No. 446, eff. July 1, 2026, or the day after the commissioner of administration and the legislative auditor report to the legislature that the transition is complete, whichever is earlier.
A.(1) The commissioner shall establish an incentives database.
(2) The commissioner shall require any state agency that administers an incentive expenditure program to report the information stated in this Section for any incentive expenditure entered into on or after July 1, 2018.
NOTE: Paragraph (A)(3) eff. until July 1, 2026, or the day after the commissioner of administration and the legislative auditor report to the legislature that the transition is complete, whichever is earlier. See Acts 2023, No. 446.
(3) Such information shall be provided no later than six months after the effective date of such incentive expenditures and shall be updated as needed no less than every twelve months thereafter. The state agencies that administer such programs shall provide, or shall require the beneficiaries of each program to provide, sufficient information to satisfy the requirements of this Subsection. The direct recipient shall assume
responsibility for reporting the information required in this Section.
NOTE: Paragraph (A)(3) as amended by Acts 2023, No. 446, eff. July 1, 2026, or the day after the commissioner of administration and the legislative auditor report to the legislature that the transition is complete, whichever is earlier.
(3) The information shall be provided no later than six months after the effective date of the incentive expenditures and shall be updated as needed no less than every twelve months thereafter. The state agencies that administer the programs shall provide sufficient information to satisfy the requirements of this Subsection.
NOTE: Subsection B eff. until July 1, 2026, or the day after the commissioner of administration and the legislative auditor report to the legislature that the transition is complete, whichever is earlier. See Acts 2023, No. 446.
B. The incentives database shall have the following functionality:
(1) Search and aggregate incentives by individual recipients and multiple budget units and programs.
(2) Search and aggregate payments to recipients and governmental entities, including the total amount of state payments issued to individual recipients.
NOTE: Subsection B as amended by Acts 2023, No. 446, eff. July 1, 2026, or the day after the commissioner of administration and the legislative auditor report to the legislature that the transition is complete, whichever is earlier.
B. Repealed by Acts 2023, No. 446, §4, see Act.
C. For the incentives database, the administering state agency shall report in each fiscal year the following information:
(1) The name of the recipient of the incentive expenditure.
(2) The corporate domicile of such recipient.
NOTE: Paragraph (C)(3) eff. until July 1, 2026, or the day after the commissioner of administration and the legislative auditor report to the legislature that the transition is complete, whichever is earlier. See Acts 2023, No. 446.
(3) The estimated net new jobs and/or payroll.
NOTE: Paragraph (C)(3) as amended by Acts 2023, No. 446, eff. July 1, 2026, or the day after the commissioner of administration and the legislative auditor report to the legislature that the transition is complete, whichever is earlier.
(3) The estimated net new jobs and payroll, if available.
(4) The estimated total capital investment or estimated total Louisiana expenditures, whichever is relevant based upon the incentive expenditure program being reported on.
(5) The annual and total estimated value of the benefits to such recipient.
(6) The official forecast of the incentive expenditure forecast adopted by the Revenue Estimating Conference.
(7) The incentives database shall not include the information that is protected from disclosure pursuant to La. Rev. Stat. 44:3.2(C) and 22.
NOTE: Paragraphs (C)(8) and (9) as enacted by No. 446, §3, eff. July 1, 2025.
(8) The actual total capital investment or actual total state expenditures, whichever is relevant based upon the incentive expenditure program being reported on, if available.
(9) The annual and total actual value of the benefits to the recipient, if available.
Acts 2018, 2nd Ex. Sess., No. 1, §1, eff. July 1, 2018; Acts 2023, No. 446, §§ 3,4, see Act.