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Economic development director explains new ITEP committee process and potential local expansion
Summary
St. Mary Parish economic development director said state changes route industrial tax exemption applications to a local committee whose recommendation applies to all entities; he noted a recent Orion-related approval and signaled plans for significant local expansion.
Evan Boudreaux, director of St. Mary economic development, told the school board Feb. 5 that an executive order changed how industrial tax exemption program (ITEP) applications are handled: rather than each independent local government acting separately, applications now go to a local committee composed of representatives from parish government, the sheriff, the school board and municipalities.
Boudreaux said the committee’s recommendation now…
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