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 Sabine Pass Liquefaction, LLC whereby the state of Louisiana will incentivize the company’s liquefaction project by providing a property tax exemption that is valued at $402,825,000 over a ten-year period (i.e., averaging $40,282,500 per year). The facility in question produces goods classified under item 325120 in the North American Industry Classification System (i.e., manufacturing ethane and butane gases made from refined petroleum or liquid hydrocarbons).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

341 Basic organic chemicals
2903 Halogenated derivatives of hydrocarbons.
290312 Dichloromethane (methylene chloride)
290313 Chloroform (trichloromethane)
290319 Other
290321 Vinyl chloride (chloroethylene)
290323 Tetrachloroethylene (perchloroethylene)
290329 Other
290339 Other
290371 Chlorodifluoromethane
290372 Dichlorotrifluoroethanes
290375 Dichloropentafluoropropanes
290377 Other, perhalogenated only with fluorine and chlorine
290378 Other perhalogenated derivatives
290379 Other
290389 Other
290391 Chlorobenzene, odichlorobenzene and pdichlorobenzene
290399 Other
342 Basic inorganic chemicals n.e.c.
2804 Hydrogen, rare gases and other nonmetals.
280421 Argon

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