Industrial Tax Exemption Program (ITEP)

The Industrial Tax Exemption Program is Louisiana Economic Development's manufacturing property-tax abatement route. It gives qualifying manufacturers an 80% exemption on ad valorem property tax for new Louisiana facility investment, with the option to extend the initial five-year term for another five years. In practice, it is a long-horizon site-selection tool for industrial capital rather than a small project subsidy. Mega-projects with at least $500 million in capital expenditure can reach 93% to 100% exemption, while the standard path is aimed at NAICS 31, 32, and 33 manufacturers making new investments in the state. The current rules no longer hinge on job or payroll thresholds, which makes the incentive more about capital deployment than employment counts. Applicants file through FastLane NextGen before construction begins and then move through LED, a local parish committee, the Louisiana Department of Revenue, the Louisiana Workforce Commission, the Board of Commerce and Industry, and governor approval. The strongest proposals are early, well-documented facility investments with a clear manufacturing footprint and a clean compliance plan for annual reporting and renewal. The local committee and state agencies give the route a multi-step review, so applicants need a disciplined timeline and a complete file from the start. It fits manufacturers that are planning new plant investment in Louisiana and can manage the review process before ground is broken.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.