Louisiana State Legislature Louisiana State Legislature The Louisiana State Legislature () is the state legislature of the U.S. state of Louisiana. It is a bicameral body, comprising the lower house, the Louisiana House of Representatives with 105 representatives, and the upper house, the Louisiana Senate with 39 senators. Members of both houses are elected from single-member constituencies. The State Legislature meets in the Louisiana State Capitol in Baton Rouge. Members of both houses of the legislature serve a four-year term, with a term limit of three terms (twelve years). Term limits were passed by state voters in a constitutional referendum in 1995 and
Certified Capital Company program models. CAPCOs were first implemented in the State of Louisiana in the 1980s. Initially, the Louisiana Program authorized a two dollar tax credit match for each dollar in capital invested. Certified Capital Company Certified Capital Companies ("CAPCOs") are generally debt lending based programs that employ future state tax credits as a subsidy to these funds. CAPCOs have been operated in the District of Columbia and eight states, including: Alabama, Colorado, Florida, Louisiana, Missouri, New York, Texas, and Wisconsin. Generally, CAPCOs sponsor their specific programs in states through legislation with the claims of economic development, job creation and retention, and