Louisiana HB1088 authorizes a sales and use tax rebate for aerospace facilities and contractors on purchases made after July 1, 2026.
HB1088 allows for a rebate of state and local sales and use taxes for machinery, equipment, materials, supplies, or services used in aerospace activities at approved aerospace facilities in Louisiana. To qualify, the facility must be certified by Louisiana Economic Development and meet specific criteria, including creating at least 200 new jobs and investing at least $1 billion in new capital by July 1, 2031. The rebate is subject to an initial term of 20 years, with the possibility of a 10-year renewal.
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