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

MEDCO holds Annual meeting

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

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

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

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SouthStar Urgent Care Announces Opening

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

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Update on Bussey Brake Renovation Project

Louisiana Department of Wildlife and Fisheries provides Update on Bussey Brake  Release Date: 02/19/2019 The…

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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

Morehouse General Hospital Opens Hope Unit

February 6, 2019

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

Drax Biomass to move HQ to Monroe

February 6, 2019

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

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