Louisiana Administrative Code
Title 13 - ECONOMIC DEVELOPMENT
Part III - Financial Assistance Programs
Chapter 19 - Entertainment Workforce Training Award Program
Section III-1905 - General Principles
Universal Citation: LA Admin Code III-1905
Current through Register Vol. 50, No. 3, March 20, 2024
A. The following general principles will direct the administration of the Entertainment Workforce Training Award Program.
1. LEDC shall serve as the single review
board for this Entertainment Workforce Training Award Program, which is to be
administered by LED, through OEID and WFD.
2. Training awards are not to be construed as
an entitlement for companies located or locating in Louisiana; and such awards
shall be subject to the discretion of LED.
3. LED shall negotiate with each company
seeking an award, based on the individual merits of each project.
4. Contracts for awards shall contain
"clawback" (or refund) provisions to protect the state in the event of a
default.
5. Award funds shall be
utilized for the approved training project only.
AUTHORITY NOTE: Promulgated in accordance with R.S. 36:104, 36:108, 51:2312, and 51:2331 et seq.
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