Tier 2―LED Matching Grant Funds―Eligible Uses
to attend continuing education classes needed to maintain certifications in the field of economic development. Meals, lodging, per diem and travel expenses are not eligible for reimbursement.
Production of printed materials, such as brochures and inserts.
Production of slide presentations, videotapes, DVDs and CD ROMs intended for dissemination to relocation consultants, corporate executives, or other industry or business representatives involved in expansion or relocations activities.
Advertising through mass media, including newspaper, magazines, radio, television, Internet and billboards.
Public relations expenses related to the production of an event, such as production of media kits, media training, ongoing media contact, on-site coordination of media, set-up of interview area and media room, and costs associated with special broadcast media set-up requirements.
Design of an Internet web site, not for ongoing Internet access or website hosting costs.
Familiarization tours for site location consultants visiting Louisiana. To be used for site location consultant related expenses only, and may include site location consultant travel, meals, lodging and event hosting expenses.
Professional fees and informational materials associated with building prospect development and prospect visit hosting capacity at the regional level.
Professional fees to augment regional capacity supporting the regional business retention and expansion program
E.Tier 2—LED Matching Grant Awards Funds—Ineligible Uses
Tier 2―LED Matching Grant Funds―Ineligible Uses
Examples of ineligible projects to be included by exhibit to the cooperative endeavor agreements between LED and the regional economic development associations:
Salaries, benefits or administrative fees.
Overhead expenses (postage and shipping charges, office space, furniture, fixtures, equipment, magazine and newspaper subscriptions, utilities, general office software, etc.).
Travel, food, beverages, and/or lodging for any persons other than site location consultants. This includes volunteers and paid staff of EDOs and consultants or professionals hired to perform work for EDOs.
Equipment purchases/rentals except as permitted in the Tier 2 LED Matching Grant Funds Eligible Uses section above.
Beauty pageants, parades, school advertising, local promotions, sponsorships and things of a similar nature.
Promotional items, unless part of an out-of-state marketing activity.
Stationery, toll-free numbers, membership solicitation literature.
Unreasonable and excessive agency costs that exceed 25 percent of the total cost for printed material (Agency costs are costs not billed directly from prepress, printing, illustrations or photography by vendors.).
Unreasonable or excessive technical costs.
Activities or materials that violate the law.
Ongoing Internet access or web site hosting costs.
Organization membership directories and organization memberships.
In state event hosting, in state event sponsorship and venue rental charges.
In state conferences.
Infrastructure such as land, roads, utilities or buildings.
AUTHORITY NOTE:Promulgated in accordance with R.S. 36:104 and 36:108.
HISTORICAL NOTE:Promulgated by the Department of Economic Development, Office of the Secretary and Office of
Business Development, LR 33:43 (January 2007), amended by the Department of Economic Development, Office of the Secretary, LR 35:
Donald M. Pierson, Jr.
DECLARATION OF EMERGENCY
Tuition Trust Authority Office of Student Financial Assistance
START Savings Program (LAC 28:VI.305, 309, and 311)
Editor's Note: This Emergency Rule was not submitted in accordance with the Administrative Procedure Act, specifically R.S. 49:953(B).
The Louisiana Tuition Trust Authority (LATTA) is exercising the emergency provisions of the Administrative Procedure Act [R.S. 49:953(B)] to amend rules of the Student Tuition Assistance and Revenue Trust (START Saving) Program (R.S. 17:3091 et seq.).
These rule changes will clarify that the trade date is one business day after the business day of receipt of an order to change investment options, and for refunds and disbursements from investment options with variable earnings.
This Emergency Rule is necessary to allow the Louisiana Office of Student Financial Assistance and educational institutions to effectively administer these programs. A delay in promulgating rules would have an adverse impact on the financial welfare of the eligible students and the financial condition of their families. LATTA has determined that this Emergency Rule is necessary in order to prevent imminent financial peril to the welfare of the affected students.
This Declaration of Emergency is effective on August 22, 2008, and shall remain in effect for the maximum period allowed under the Administrative Procedure Act. (ST0999E)
Part VI. Student Financial Assistance―Higher Education Savings
Chapter 3.Education Savings Account
§305.Deposits to Education Savings Accounts
A. - D.5.…
6.Requests for the transfer of funds from the variable earnings option in which they are currently deposited to a different option shall be assigned a trade date of one business day after the business day of receipt of the transfer request.
E. - E.4.…
AUTHORITY NOTE:Promulgated in accordance with R.S. 17:3091-3099.2.
HISTORICAL NOTE:Promulgated by the Tuition Trust Authority, Office of Student Financial Assistance, LR 23:715 (June 1997), amended LR 24:1270 (July 1998), LR 26:2263 (October 2000), LR 27:1880 (November 2001), LR 30:788 (April 2004), LR 30:1169 (June 2004), LR 30:2302 (October 2004), LR 32:1433 (August 2006), LR 32:2240 (December 2006), LR 34:
Louisiana Register Vol. 34, No. 10 October 20, 2008