To the extent that base investment is spent on payroll for Louisiana residents employed in connection with a state certified production, each investor shall be allowed an additional ten percent (10%) of such payroll. 

It should be noted that if the payroll of any one person exceeds one-million dollars ($1,000,000), this additional credit shall exclude any salary for that person. 

 

CLICK HERE TO VIEW ACT 456.

Download the Application for State Certification

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