FILE: DFAB
SALES AND USE TAX EXCLUSION
The Lincoln Parish School Board may grant temporary sales and use tax exclusion on machinery and equipment purchased, used, and/or leased or rented and predominantly and directly used in the actual manufacturing process of an item of tangible personal property, which is for ultimate sale to another, upon application of exclusion.
APPLICATION PROCESS
Any entity requesting a sales and use tax exclusion from the Lincoln Parish School Board shall make any such request in writing on an application form or forms which can be obtained from the financial office of the School Board and must be submitted to the Board at least one hundred eighty (180) days prior to the effective date of the requested sales and use tax exclusion. The application form or forms shall include at least the following information:
General description of the nature and extent of the modernization, expansion or improvements to the facility.
Time schedule for undertaking and completing the planned modernization, expansion or improvements to the facility.
Statement of the assessed value of the facility for the year immediately preceding the project and the estimated assessed value of the facility for the year following the completion of the project.
Estimated cost of the project; including the cost of the machinery and equipment to be installed and the cost of the labor necessary to install said machinery and equipment.
What portion, if any, of the machinery and equipment to be installed can and will be acquired from local vendors and providers and the value of such machinery and equipment.
What portion, if any, of the labor and materials necessary to install the machinery and equipment can and will be done by local contractors, providers or vendors.
Projected number of jobs to be retained and/or created as a result of the planned modernization, expansion or improvement project to be conducted, the average payroll for said jobs and how many of those jobs are currently held by or will he held by parish residents.
Explanation of why the requested sales and use tax exclusion is vital to the planned modernization, expansion or improvement project.
A description of all tax abatements, exclusions or exemptions which have been applied for and/or granted by the State of Louisiana, Lincoln Parish Police Jury or any other political subdivision of Lincoln Parish, Louisiana in connection with the planned modernization, expansion or improvement project.
The application referred to above shall also include a certification, under oath that the owner or operator of the manufacturing facility within which the modernization, expansion or improvement project is to be conducted is current on all property taxes and sales and use taxes due and owing to the Lincoln Parish School Board, together with a waiver of confidentiality and/or right of privacy in order that the details of the planned modernization, expansion or improvement project, and the financial implications of the project upon the taxpayer and the Lincoln Parish School Board can be fully and completely discussed in open and public meetings of the School Board or any of its committees.
CRITERIA FOR APPROVAL,
In order for any sales and use tax exclusion to be approved, the manufacturing facility within which the proposed modernization, expansion or improvement project is to be conducted shall have been located in Lincoln Parish, Louisiana for at least twenty (20) years, be owned or operated by an entity recognized as one of the ten (10) largest employers and/or combined property and sales and use taxpayers in the parish, and provide adequate assurances that the number of employees and payroll for said employees shall not be reduced for a period of five (5) years from the date any requested sales and use tax exemption is granted.
The Lincoln Parish School Board reserves the right to consider any other criteria which it deems reasonable and prudent in determining whether any requested sales and use tax exclusion should be granted; including, but not limited to:
The then current financial condition of the School Board and what effect the granting of any requested sales and use tax exclusion will have on the ability of the School Board to provide the high level of education services to its students expected by the citizens of Lincoln Parish.
Whether or not the requested sales and use tax exemption will assist in retaining local jobs when job loss is demonstrable and specific, increase the local job base by attracting high quality job growth, and/or achieve greater diversity in the local job base.
New policy: December, 2009
Recoded from DFAA, April, 2018
Ref: La. Rev. Stat. Ann. ยงยง17:81, 47:301, 47:337.2, 47:337.3, 47:337.4, 47:337.5, 47:337.6, 47:337.8, 47:337.10, 47:337.13
Board minutes, 12-1-09, 3-2-10
Lincoln Parish School Board