TAXES & INCENTIVES

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Morehouse Parish businesses have benefited from the comparatively low local and state tax rates. More often than not, the taxes impacting business are eliminated or reduced by local and state incentive programs. And the new Louisiana FastStart Training Program is ranked in the nation’s top workforce training programs for company-specific recruiting and training.

Morehouse Parish is currently eligible for Enterprise Zone and other programs offered by the State of Louisiana. Please visit the Louisiana Economic Development Website or contact us to see if your business may qualify for incentive programs. Local job credit programs may be available to assist with building and infrastructure development.

LOCAL AND STATE TAXES

LOCAL INCENTIVES

Local Property Tax Abatement (Ad Valorem) Property tax abatements are available for qualifying projects for a 10-year maximum period including school millage. Generally, the project is titled in the public body and leased to the private user with an option to purchase for a nominal sum at the end of the lease term.

Special Federal Incentives

State of Louisiana Incentives

Small Business Incentives

Recent News

John N John receives 2018 Economic Develpment Award

John N. John received the MEDCO 2018 Economic Development Award at the Annual October 16…

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Morehouse General Hospital Opens Hope Unit

Morehouse General Hospital held the Grand Opening for their new Hope Unit (Helping Older People Emotionally), psychiatric…

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Drax Biomass to move HQ to Monroe

the USA Today Network of Louisiana reports. The move will bring the company’s headquarters closer to…

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Northeast Louisiana Ag Expo

Morehouse Parish Booth was staffed by Morehouse Economic Development Corporation (MEDCO), Bastrop Morehouse Chamber of Commerce…

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INFORMATION

Capital One Bank Building
Suite A 101 South Franklin St.
Bastrop, Louisiana 71220

Office: 318-283-4000

Fax: 318-283-0651

morehouseedc@att.net

RECENT NEWS

Nikolle Dodaj of Roma Italian Bistro named Small Business of 2019 at Annual Luncheon

December 12, 2019

The Annual MEDCO Membership Luncheon was held on October 16th at the Snyder Museum and Creative Arts Center…

SouthStar Urgent Care Announces Opening

December 2, 2019

SouthStar Urgent Care Announces Opening of Bastrop Location 2100 East Madison Avenue Bastrop, LA 71220 July 10, 2019…

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