IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2013 | Removal date: open ended
Still in force

Tax or social insurance relief

In an agreement reached in 2012 with the state of Louisiana, CF Industries Nitrogen, LLC will expand its facilities in Ascension Parish, installing a new operating unit to increase the site's total nitrogen capacity. The company will utilize Louisiana's Quality Jobs and Industrial Tax Exemption Program incentives on the project. According to data posted by the Louisiana Commerce & Industry Board disclosure site at http://www.opportunitylouisiana.com/assets/LED/docs/Performance_Reporting/2013_CI_Board_Approvals.pdf the estimated ten-year value of the tax exemption is $360,380,700.
The Quality Jobs Program contains requirements to hire additionalstaff locally as well as commitments that a minimum percentage of plantrevenues are derived from meeting orders out of state including, inprinciple, export orders. 
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.
As no official source could be obtained, this measure is coded "amber".

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

342 Basic inorganic chemicals n.e.c.
2804 Hydrogen, rare gases and other nonmetals.
280410 Hydrogen
280421 Argon
280429 Other
280450 Boron; tellurium
280461 Containing by weight not less than 99.99 % of silicon
280469 Other
280470 Phosphorus
280480 Arsenic
280490 Selenium

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