BC&I approves Marathon’s 10-year, $43M ITEP request, with strings attached

In a rare move, the Louisiana Board of Commerce & Industry today unanimously approved Marathon Oil’s controversial request for a 10-year, 100% property tax abatement at its Garyville refinery—but only on the condition that the $43 million exemption also secures approval from local taxing authorities within the next 90 days. The board’s unusual decision—which follows