Credit Caps

Louisiana Department of Revenue is providing the following information pertaining to caps placed on credits pursuant to Acts 131 and 134 of the 2015 Regular Session of the Louisiana Legislature. These Acts established a cap of the following credits:

The information provided below is updated as of: August 31, 2016.

Solar Energy Systems Tax Credit Cap

Non-leased Systems

Fiscal Year Cap on Credit Claims Amount of approved credits against cap (See Note 1) Estimated amount of claims pending review (See Note 2) Estimated amount of priority claims from prior year Estimated amount of cap available
2015-2016 $10,000,000 $10,000,000 $0 $0
2016-2017 $10,000,000 $9,890,211 $19,669,086 $0 ($19,559,297)
2017-2018 $5,000,000 $19,559,297 ($14,559,297)

Additional Information by Cap Year for Non-Leased Systems:

  • Cap Year 2015-2016 includes all valid and complete solar credit claims received 7/1/15 - 1/31/16, after disregarding any LDR processing delay.

  • Cap Year 2016-2017 includes all valid and complete solar credit claims received 2/1/16 - 2/24/16, after disregarding any LDR processing delay. All valid and complete solar credit claims received on 2/25/16, after disregarding any LDR processing delay, may be eligible for a pro-rated portion of their claim in the fiscal year 2016-2017 cap. These approved claims will be pro-rated in fiscal year 2016-2017 with the remaining unpaid claim deferred to the fiscal year 2017-2018 cap pending LDR's audit of deferred and denied credits.

  • Cap Year 2017-2018 includes all valid and complete solar credit claims received 2/26/16 - 3/13/16, after disregarding any LDR processing delay. All valid and complete solar credit claims received 3/14/16 - 3/16/16, after disregarding any LDR processing delay, may be eligible for all or a portion of their credit in the fiscal year 2017-2018 cap. These claims will be paid, pro-rated or denied for the fiscal year end 2017-2018 cap pending LDR's audit of deferred and denied credits.

top of page

Leased Systems

Fiscal Year Cap on Credit Claims Amount of approved credits against cap (See Note 1) Estimated amount of claims pending review (See Note 2) Estimated amount of priority claims from prior year Estimated amount of cap available
2014-2015 $19,000,000 $19,000,000 $0 $0
2015-2016 $10,000,000 $6,844,702 $420,736 $125,463 $2,609,099
2016-2017 $10,000,000 $10,000,000
2017-2018 $5,000,000 $5,000,000

top of page

Note 1: Amount of approved credits against cap

This amount represents claims on returns received prior to the effective date of the report that have been reviewed, approved and posted to the taxpayer's account prior to the effective date of the report. The amount projected herein concerning the availability of funds as it relates to the amounts authorized for any given fiscal year are intended only as an estimate and may not reflect all credits which have been granted or which have been claimed and are awaiting processing. Further, such availability is subject to fluctuation based upon the volume and quantity of credits claimed at any given time. As such, the Department of Revenue cannot substantiate the accuracy of the amount of estimated available funds at any given time and taxpayers relying on such estimated available fund amounts do so at their own risk.

Note 2: Estimated amount of claims pending review

This amount represents claims on returns received prior to the effective date of the report that have not been reviewed or verified prior to the effective date of the report. The amount projected herein concerning the quantity of credits not yet claimed is intended only as an estimate and may not reflect all credits which have been granted or which have been claimed and are awaiting processing. Further, such estimate is subject to fluctuation based upon the volume and quantity of credits claimed at any given time. As such, the Department of Revenue cannot substantiate the accuracy of the amount of estimated unclaimed credits at any given time and taxpayers relying on such estimated unclaimed credit amounts do so at their own risk.


Motion Picture Investor and Infrastructure Tax Credit Cap

Fiscal Year Cap on Credit Claims Amount of approved credits against cap (See Note 1) Estimated amount of claims pending review (See Note 2) Estimated amount of priority claims from prior year Estimated amount of cap available
2015-2016 $180,000,000 $147,871,930 $1,911,540 $30,216,530
2016-2017 $210,216,530 $0 $269,373,131 ($59,156,601)
2017-2018 $180,000,000 $59,156,601 $120,843,399
top of page

Note 1: Amount of approved credits against cap

This amount represents claims on returns received prior to the effective date of the report that have been reviewed, approved and posted to the taxpayer's account prior to the effective date of the report. The amount projected herein concerning the availability of funds as it relates to the amounts authorized for any given fiscal year are intended only as an estimate and may not reflect all credits which have been granted or which have been claimed and are awaiting processing. Further, such availability is subject to fluctuation based upon the volume and quantity of credits claimed at any given time. As such, the Department of Revenue cannot substantiate the accuracy of the amount of estimated available funds at any given time and taxpayers relying on such estimated available fund amounts do so at their own risk.

Note 2: Estimated amount of claims pending review

This amount represents claims on returns received prior to the effective date of the report that have not been reviewed or verified prior to the effective date of the report. The amount projected herein concerning the quantity of credits not yet claimed is intended only as an estimate and may not reflect all credits which have been granted or which have been claimed and are awaiting processing. Further, such estimate is subject to fluctuation based upon the volume and quantity of credits claimed at any given time. As such, the Department of Revenue cannot substantiate the accuracy of the amount of estimated unclaimed credits at any given time and taxpayers relying on such estimated unclaimed credit amounts do so at their own risk.

For more information, see: