Election results: Louisiana real estate transfer tax, Amendment 1
- Related election news: 25 state legislative seats up for election in Louisiana
BATON ROUGE, Louisiana: One question remains to be decided for 2011. In the state of Louisiana voters cast their ballots to ban real estate transfer taxes or to retain the possibility of adding tax in future years.
Also known as the "Immovable Property Tax" and Amendment 1 the ballot question read:
To prohibit the levy of new taxes or fees upon the sale or transfer of immovable property, including documentary transaction taxes or fees, or any other tax or fee, by the state or any of its political subdivisions after November 30, 2011.
- A "yes" vote on the ballot question meant that there would be no added taxes on real estate transfers and the state constitution would be amended to prohibit such future taxes.
- A "no" vote also would not implement taxes on real estate transfers but it would not implement a statewide ban.
The polls (open from 6am to 8 pm CT) have closed and results are starting to roll in. For live updates on results make sure to check back here!
|Louisiana Amendment 1 (Nov. 19)|
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