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 Williams Olefins LLC whereby the state of Louisiana will incentivize an ethylene production facility by providing a property tax exemption that is valued at $122,052,596 over a ten-year period (i.e., averaging $12,205,259 per year).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

341 Basic organic chemicals
2901 Acyclic hydrocarbons.
290121 Ethylene

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