GRANTRADAR/Grant Programs/Industrial Tax Exemption Program (ITEP)
Louisiana StateTax CreditStackable

Industrial Tax Exemption Program (ITEP)

Administered by Louisiana Economic Development (LED) / Board of Commerce and Industry · Louisiana

BENEFIT
80% credit
Deadline type: rolling

Eligibility Requirements

  • 1Must be classified as manufacturing (NAICS codes 31, 32, or 33)
  • 2Only assets directly related to manufacturing process are eligible
  • 3Requires approval from Board of Commerce and Industry and local entities
  • 4Initial 5-year term with option for 5-year renewal

Eligible Project Types

Industrial
STACKING POTENTIAL

Industrial Tax Exemption Program (ITEP) is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN
View the Industrial Tax Exemption Program (ITEP) compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.