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Appropriations committee backs new High Impact Jobs program to reward wage growth across parishes
Summary
Lawmakers reported favorably on HB507, a new jobs incentive that ties grants to wages relative to parish averages. LED officials said the program would target higher‑paying jobs and provide graduated grant rates based on how much a company pays above the local wage.
The House Appropriations Committee reported House Bill 507 favorably as amended, creating the High Impact Jobs program within Louisiana Economic Development to incentivize job creation that increases wages relative to local parish averages.
LED officials said the program departs from prior, dollar‑based credits and instead ties benefits to wage gains. Under the program description presented in committee, a company that…
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