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

Congressman Ralph Abraham tours Drax Biomass

Louisiana’s 5th District Congressman Ralph Abraham, M.D., left, listens to Drax Biomass Plant Manager Richard…

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Drax Biomass Announces $10,000 towards Mississippi and Louisiana Flood Relief Effort

GLOSTER, Miss.—Drax Biomass, one of the largest employers in Amite County, has donated $10,000 to…

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Cotton Trails Arts and Crafts Show scheduled for Fall

Cotton Trails Arts and Crafts Show will host Show at Fairgrounds Saturday, November 5th and…

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International Forestry Experts Visit Drax Biomass Morehouse Wood Pellet Mill

BASTROP, LA –Drax Biomass (http://draxbiomass.com/) today hosted a group of almost 20 forestry experts from…

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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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