BCI Delays Deadlines For Incentive Programs
On Tuesday, April 21, 2020, the Louisiana Board of Commerce and Industry (“BCI”) held a special meeting via teleconference to consider a Motion to Suspend All Deadlines (the “Motion”). The Motion extends all deadlines related to advance notifications, applications, compliance documentation, other contractual documents and Industrial Tax Exemption Program local notices of action that are required to be filed through the Louisiana Department of Economic Development (“LED”) for programs administered by the BCI during the pendency of the Executive Orders issued by Governor Edwards related to the COVID-19 Pandemic. Under the Motion, all deadlines for BCI programs are suspended between March 17, 2020 until April 30, 2020, or later if additional proclamations are issued and thereafter subject to an additional thirty (30) day extension. However, the Motion does not affect any standing rules of the LED regarding requesting extensions and other deadlines for BCI programs. Further, in the Motion, the BCI encourages applicants to continue to file relevant program-related documents to avoid delay once the restrictions imposed by the Executive Orders are lifted.