Difference between revisions of "Louisiana Business Property Tax Exemption, Amendment 8 (2012)"

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<blockquote>Do you support an amendment to authorize the granting of ad valorem tax exemption contracts by the Board of Commerce and Industry for businesses located in parishes which have chosen to participate in a program established for the granting of such contracts?</blockquote>
 
<blockquote>Do you support an amendment to authorize the granting of ad valorem tax exemption contracts by the Board of Commerce and Industry for businesses located in parishes which have chosen to participate in a program established for the granting of such contracts?</blockquote>
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==Support==
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The South Louisiana Economic Council has come out in support of the measure saying businesses will be encouraged to bring their investments into Louisiana while at the same time creating a variety of jobs.<ref>[http://www.houmatoday.com/article/20121017/articles/121019697?p=2&tc=pg ''Houma Today'',"Property tax changes are on the ballot," October 17, 2012]</ref>
  
 
==Path to the ballot==
 
==Path to the ballot==

Revision as of 10:13, 19 October 2012

Business Property Tax Exemption Amendment
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Type:Constitutional amendment
Constitution:Louisiana Constitution
Referred by:Louisiana State Legislature
Topic:Taxes
Status:On the ballot
The Louisiana Business Property Tax Exemption Amendment will appear on the November 6, 2012 statewide ballot in Louisiana as a legislatively-referred constitutional amendment. If enacted, the measure would allow local governments to opt-in to property tax exemptions for non-manufacturing businesses that meet certain criteria. The measure was sent to the ballot by the Louisiana Legislature on June 4, 2012.

Text of measure

The official ballot text reads as follows:[1]

Do you support an amendment to authorize the granting of ad valorem tax exemption contracts by the Board of Commerce and Industry for businesses located in parishes which have chosen to participate in a program established for the granting of such contracts?

Support

The South Louisiana Economic Council has come out in support of the measure saying businesses will be encouraged to bring their investments into Louisiana while at the same time creating a variety of jobs.[2]

Path to the ballot

See also: Louisiana legislatively-referred constitutional amendments

The legislatively-referred constitutional amendment required a two-thirds vote from members of both houses of the Louisiana State Legislature to be placed on the statewide ballot.

See also

Template:EVeram

External links

Additional reading

References