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Industrial tax breaks now come with hiring, wage criteria after OPSB vote; will city do the same?

Source: theadvocate.com - Jul 27, 2018

Industrial projects will have to meet specific hiring and wage criteria to get breaks on their school property taxes in New Orleans under rules adopted last week by the Orleans Parish School Board. Similar standards could soon be imposed by the city.

The School Board’s guidelines, proposed by member Ben Kleban, were adopted without opposition Thursday.

The board is one of several local government units in Louisiana that have set specific criteria for what projects they will approve under the state’s Industrial Tax Exemption Program since Gov. John Bel Edwards moved to give local governments a say in the process.

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Category: General Business