§16.10. Duties of the commissioner relative to the incentives database
NOTE: Paragraph (A)(1) eff. until July 1, 2026, or the day after the commissioner of
administration and the legislative auditor report to the legislature that the transition is
complete, whichever is earlier. See Acts 2023, No. 446.
A.(1) The commissioner shall ensure the website includes an incentives database that
is electronically searchable by the public.
NOTE: Paragraph (A)(1) as amended by Acts 2023, No. 446, eff. July 1, 2026, or the day
after the commissioner of administration and the legislative auditor report to the legislature
that the transition is complete, whichever is earlier.
A.(1) The commissioner shall establish an incentives database.
(2) The commissioner shall require any state agency that administers an incentive
expenditure program to report the information stated in this Section for any incentive
expenditure entered into on or after July 1, 2018.
NOTE: Paragraph (A)(3) eff. until July 1, 2026, or the day after the commissioner of
administration and the legislative auditor report to the legislature that the transition is
complete, whichever is earlier. See Acts 2023, No. 446.
(3) Such information shall be provided no later than six months after the effective
date of such incentive expenditures and shall be updated as needed no less than every twelve
months thereafter. The state agencies that administer such programs shall provide, or shall
require the beneficiaries of each program to provide, sufficient information to satisfy the
requirements of this Subsection. The direct recipient shall assume responsibility for
reporting the information required in this Section.
NOTE: Paragraph (A)(3) as amended by Acts 2023, No. 446, eff. July 1, 2026, or the day
after the commissioner of administration and the legislative auditor report to the legislature
that the transition is complete, whichever is earlier.
(3) The information shall be provided no later than six months after the effective date
of the incentive expenditures and shall be updated as needed no less than every twelve
months thereafter. The state agencies that administer the programs shall provide sufficient
information to satisfy the requirements of this Subsection.
NOTE: Subsection B eff. until July 1, 2026, or the day after the commissioner of
administration and the legislative auditor report to the legislature that the transition is
complete, whichever is earlier. See Acts 2023, No. 446.
B. The incentives database shall have the following functionality:
(1) Search and aggregate incentives by individual recipients and multiple budget
units and programs.
(2) Search and aggregate payments to recipients and governmental entities, including
the total amount of state payments issued to individual recipients.
NOTE: Subsection B as amended by Acts 2023, No. 446, eff. July 1, 2026, or the day after
the commissioner of administration and the legislative auditor report to the legislature that
the transition is complete, whichever is earlier.
B. Repealed by Acts 2023, No. 446, §4, see Act.
C. For the incentives database, the administering state agency shall report in each
fiscal year the following information:
(1) The name of the recipient of the incentive expenditure.
(2) The corporate domicile of such recipient.
NOTE: Paragraph (C)(3) eff. until July 1, 2026, or the day after the commissioner of
administration and the legislative auditor report to the legislature that the transition is
complete, whichever is earlier. See Acts 2023, No. 446.
(3) The estimated net new jobs and/or payroll.
NOTE: Paragraph (C)(3) as amended by Acts 2023, No. 446, eff. July 1, 2026, or the day
after the commissioner of administration and the legislative auditor report to the legislature
that the transition is complete, whichever is earlier.
(3) The estimated net new jobs and payroll, if available.
(4) The estimated total capital investment or estimated total Louisiana expenditures,
whichever is relevant based upon the incentive expenditure program being reported on.
(5) The annual and total estimated value of the benefits to such recipient.
(6) The official forecast of the incentive expenditure forecast adopted by the
Revenue Estimating Conference.
(7) The incentives database shall not include the information that is protected from
disclosure pursuant to R.S. 44:3.2(C) and 22.
NOTE: Paragraphs (C)(8) and (9) as enacted by No. 446, §3, eff. July 1, 2025.
(8) The actual total capital investment or actual total state expenditures, whichever
is relevant based upon the incentive expenditure program being reported on, if available.
(9) The annual and total actual value of the benefits to the recipient, if available.
Acts 2018, 2nd Ex. Sess., No. 1, §1, eff. July 1, 2018; Acts 2023, No. 446, §§ 3,4, see
Act.