---
urn: urn:us-la:rs:51:1922
citation: "R.S. 51:1922"
status: active
breadcrumb: "Title 51 › Chapter 26"
acts_citations:
  - { year: 1983, number: 642, section: 1, effective_date: null, role: enactment }
  - { year: 1989, number: 496, section: 1, effective_date: null, role: amendment }
---

# Policy statement

The primary purpose of the Louisiana Capital Companies Tax Credit Program is to provide assistance in the formation and expansion of new businesses which create jobs in the state by providing for the availability of venture capital financing to entrepreneurs, managers, inventors, and other individuals for the development and operation of qualified Louisiana businesses.