This excerpt taken from the ADES 10-Q filed Nov 7, 2008.


A. Advance Notification Form and $100 fee filed with the BI PRIOR to Project/Construction Start Date.

B. Application Form and fee must be filed within 90 days after the completion of Project/Construction. The Application Fee is a minimum of $200 and maximum of $5,000.

C. Provide a copy Louisiana Department of Revenue Sales/Use Tax Certificate with this project address.

D. After the Board approval, a 60-month contract is entered into between the Board and the applicant. The Effective Date of your contract is the Start Date reported on the approved Application.

E. An Inspection/Audit Affidavit Form must be submitted with a $100 fee, within six months after completion of project or returned with the signed original contract, whichever is later.

F. A Project Completion Report (PCR) must be submitted within six months after completion of project or returned with the signed original contract, whichever is later. On the PCR, the company will state if they will seek the Louisiana Sales/Use Tax Rebate, the Investment Tax Credit or neither.

JOB CERTIFICATION—35%0 of all jobs generating JTC must meet one of the following:

A. Residency

1. If the contract holder is located in an urban parish (2000 population over 75,000), the employee must live in an EZ in the state.

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