A legislative committee has decided to delay their approval for incentives for a huge fuel plant planned for southwestern Louisiana.

Some members complaining they don't have enough information about the cost of tax incentives used to lure the facility.

Gov. Bobby Jindal's economic development chief, Stephen Moret fought the delay.

Moret said the project by South African energy company Sasol Ltd. will — from the beginning — create more tax revenue than the state grants in incentives.

But the Joint Budget Committee delayed the project until its next meeting — likely in two weeks. Some members complained that a lack of information on the cost of incentives make the creation of an annual budget difficult.

Approval of a Lockheed-Martin project also was delayed, without discussion.

 

Gov. Bobby Jindal's economic development chief, Stephen Moret fought the delay.

Moret said the project by South African energy company Sasol Ltd. will help to generate more tax revenue than the state grants in incentives.

But the Joint Budget Committee delayed the project until its next meeting — likely in two weeks.

Some members worried that by approving the project now without more information would mean they wouldn't know how to budget for it each year.

Approval of a Lockheed-Martin project also was delayed, without discussion.