Together Louisiana Builds Power and Builds Strategy for Transparency of State Economic Development
Baton Rouge, LA - From its earliest days, starting shortly after Hurricane Katrina, the network of religious congregations and citizen organizations that make up Together Louisiana asked:
How is it that Louisiana, a state as rich in resources as Texas, looks so much like Alabama?
That question led leaders to what looks like a normal state incentive program, but upon closer inspection, revealed itself to be anything but. The 87-year-old Louisiana Industrial Tax Exemption Program (ITEP) facilitates the largest state-led transfer of public dollars to private corporations in the United States.
In 2016, Together Louisiana released a ground breaking study which revealed just how unusual ITEP is and how much it costs local school districts and other taxing entities ($1.9 Billion every year). The study also showed how the Louisiana Constitution gave the Governor the authority to reform the program, a fact leaders pointed out in a nonpartisan accountability assembly with gubernatorial candidates.Read more