Louisiana offers various corporate tax incentives based upon eligibility criteria such as net new jobs, capital investment and other types of Louisiana-based spending. These incentives encourage economic growth throughout the state. They may be broken down into two main categories: Statutory Incentives and Discretionary Incentives.

Statutory Incentives have eligibility rules that have been built in to state law by the Legislature. These incentives are available to any eligible company applying for them, as long as the company meets the program requirements set forth in the law.

Discretionary Incentives are performance-based incentives limited to companies engaged in projects with a demonstrable, significant economic impact to the state. These incentives are offered at the discretion of the secretary based upon eligibility requirements of the incentives. In some cases, the governor and/or the Legislature may be required to approve this type of incentive.