Louisiana Economic Development Office Adopts Amendments to Restoration Tax Abatement Program Rules

The Louisiana Office of Economic Development adopted amendments to the rules governing the Restoration Tax Abatement Program. The regulation includes detailed definitions, filing deadlines, documentation standards, and approval procedures for commercial and owner-occupied residential projects seeking ad valorem tax abatements in qualifying downtown, historic, economic development districts, and opportunity zones. The regulation took effect June 20. [La. Econ. Dev., Regs. Sections 901 et al., 06/20/26 La. Reg.]