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: 31 Dec 2015 | Removal date: open ended
Still in force

Tax or social insurance relief

In 2015 the Commerce & Industry Board approved a deal with Big Lake Fuels LLC whereby the state of Louisiana will incentivize its methanol plant by providing a property tax exemption that is valued at $180,400,000 over a ten-year period (i.e., averaging $18,040,000 per year).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

341 Basic organic chemicals
2905 Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives.
290511 Methanol (methyl alcohol)

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