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SNAPSHOTS: 60 Seconds…with Stephen Moret, Secretary, Louisiana Economic Development

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For example, we’ve worked to adopt comprehensive governmental ethics reforms, eliminate unconventional business taxes, create national-caliber workforce development programs (such as the number one-ranked LED FastStart program), and implement comprehensive education reforms to improve student achievement and graduation rates.

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State by State Incentives Guide

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Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. The combined state and local millage rate would then be applied to the assessed value.

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