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

Bussey Brake Improvments on Tract for 2018 Opening

By Scott Henderson  Improvements continue to be completed at Bussey Brake, a site officials hope…

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Two North Louisiana Communities Names Among Top Micropolitans

Two North Louisiana Communities Named Among Top Micropolitans Release by North Louisiana Economic Partnership Media Contract: …

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Drax Biomass, American Forest Foundation launch initiative

–Drax Biomass Inc. and the American Forest Foundation (AFF) today announced a multi-year project to invest in the…

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Ag Expo generates interest in Morehouse Parish

Morehouse Economic Development Corporation participated in the   2017 Ag Expo on January 13 & 14 this…

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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

MEDCO holds Annual meeting

September 30, 2020

The annual Morehouse Economic Development Corporation held it Annual Membership Meeting on September 30, 2020. CEO, Kay King…

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…

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