Baton Rouge, LA - With seventy 'Together Louisiana' leaders in attendance, Governor John Bel Edwards issued an Executive Order overhauling the nation's largest state program of corporate subsidies, the Industrial Tax Exemption Program (ITEP).

Reforms include requirements that impacted local tax authorities approve the subsidy, including municipal government, school boards and law enforcement; exemptions demonstrate a Return on Investment (ROI) for new jobs or retention of good jobs; and that subsidy applicants sign contractual agreements based on promised investments and local hires.

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One month after 400 'Together Louisiana' leaders secured the commitment of Governor John Bel Edwards to work towards tax fairness, the organization released a groundbreaking study demonstrating that Louisiana's Industrial Tax Exemption Program (ITEP) amounts to giveaways of over $1.6 Billion per year. In response to the organization's call on Governor Edwards to use his constitutional authority to reform the program, the Governor's office has announced there will be an executive order.

Study findings show that over the last 10 years, $16.7 billion in local tax revenue has been redirected to subsidize heavy manufacturing, amounting to over $535 thousand per job reportedly created. Louisiana's top 5 environmental polluters, according to the EPA, received $506 million in taxpayer subsidies. Even British Petroleum (BP) received $9.4 million in state subsidies during and after the Deepwater Horizon spill. Louisiana is the only state in the country with a board that gives away local tax revenue, without approval from the local governments losing the money.

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Austin Interfaith leaders celebrated the passage of a historic living wage ordinance they had fought for over the course of five years. Institutional representatives from congregations, schools and workers associations challenged city council candidates in 2012 to craft an ordinance requiring that jobs emerging from taxpayer incentives pay at least a living wage or prevailing wage, if higher. An economic incentive team put together language, which included an exception process, that was later adopted by a Special Committee on Economic Incentives and proposed by Councilmembers Martinez, Tovo and Morrison (and enhanced by Councilmember Riley) Thursday night.

Catholic Bishop Joe Vasquez intervened reading a statement of support for the ordinance at a 6pm rally, which was later read by an Austin Interfaith leader in Council chambers. After four hours of testimony and debate, the City of Austin passed, for the first time ever, a requirement that corporations receiving taxpayer incentives be required to pay the City established living wage of $11 per hour or prevailing wages, whichever is higher.

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"National Instruments Corp. won approval Thursday for $1.7 million in city of Austin incentives to support the company's proposed expansion of 1,000 Austin jobs over the next 10 years....

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Rev. John Elford (above), Rev. Fred Krebs (below) and other leaders of Austin Interfaith celebrated the passage of a living wage measure conceived by organization leaders. The proposal passed in committee by a 3-1 vote and will need an additional vote to reach a majority before the full council.

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COPS/Metro Alliance leaders applauded Maruchan's decision to withdraw their application for tax incentives and welcomed the company to Bexar County. "We reiterate our support for economic development and job creation," said Fr. Steven Gamez, pastor of St. Philip of Jesus Catholic Church and leader with COPS/Metro Alliance. "However, we strongly believe that it is a mistake to offer public subsidies when most of the jobs would pay minimum wage; the free market will take care that and Maruchan's decision proves it."

COPS/Metro leaders had publicly raised questions surrounding this deal because of the impact on working families.... "We agree with Maruchan leaders that 'the additional tax revenues for betterment of the community,' especially bringing up the skills of our workforce. We look forward to working with Maruchan, as well as city and county officials, to create opportunities for those workers who will earn the minimum wage."

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