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john bel edwards

Governor John Bel Edwards’ administration  presented a $31 billion proposal for next year’s budget on Friday. But before it can become a reality, a legislative stalemate would have to break. 

The Industrial Tax Exemption Program, or ITEP, is the most expensive tax incentive program Louisiana offers to manufacturers. In exchange for spurring economic development, manufacturing companies can get a break on their property taxes for 10 years.

As 2018 draws to a close, Governor John Bel Edwards says he’s pleased with the progress that’s been made, and he remains optimistic about the future of Louisiana.