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Louisiana Tax Exemptions for Jewelery, Act 486 (2007)

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Louisiana Act 486 (2007) was on the October 20, 2007 statewide ballot in Louisiana as a legislatively-referred constitutional amendment to the Louisiana Constitution.

The amendment failed by a 56% majority.[1]

Had it passed, Act 486 would have exempted jewelry, held on consignment, from taxes.

Election results

Louisiana Amendment 4 (October 2007)
Defeatedd No615,78155.66%
Yes 490,460 44.34%

Taxpayer's perspective

Constitutional Amendment 4 would widen the property tax exemption for consigned artworks to include jewelry as well.

See also

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