La. Admin. Code tit. 61 § I-1625

Current through Register Vol. 50, No. 8, August 20, 2024

Section I-1625 - QEC Application and Application Fee

A. Application

1. A QEC application form shall be submitted to the office, via registered mail or if available, submitted electronically, to include;

a. a detailed company description, explaining how the business is directly or indirectly engaged in the development of audio, visual, or both audio-visual entertainment products for public consumption;

b. number of current and proposed new employees, with payroll estimates and average hours worked per week;

c. disclosure of affiliates;

d. most recent ES-4 tax form;

e. any other additional information as requested by the office or the secretary.

B. Application Fee

1. A non-refundable application fee of 0.5 percent of the estimated total tax credits, with a minimum fee of $500, and a maximum fee of $15,000, shall be submitted with the QEC application, payable to the office, as required by R.S. 36:104.

La. Admin. Code tit. 61, § I-1625

Promulgated by the Department of Economic Development, Office of Business Development and Office of Entertainment Industry Development, LR 37:516 (February 2011), Repealed by the Department of Economic Development, Office of Business Development, Office of Entertainment Industry Development, LR 4240 (1/1/2016), Promulgated by the Department of Economic Development, Office of Entertainment Industry Development LR 441993 (11/1/2018).

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:6007.