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

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  status = On the ballot|
 
  status = On the ballot|
 
}}{{tnr}}The '''Louisiana Business Property Tax Exemption Amendment''' will appear on the [[Louisiana 2012 ballot measures|November 6, 2012]] statewide ballot in [[Louisiana]] as a {{lrcafull}}.  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 [[BC2012#June|June 4, 2012]].
 
}}{{tnr}}The '''Louisiana Business Property Tax Exemption Amendment''' will appear on the [[Louisiana 2012 ballot measures|November 6, 2012]] statewide ballot in [[Louisiana]] as a {{lrcafull}}.  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 [[BC2012#June|June 4, 2012]].
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==Election results==
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:: ''See also: [[2012 ballot measure election results]]''
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''LIVE election results will be posted when polls close on November 6, 2012 and when numbers start to roll in.''
  
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{{Short outcome
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| no =
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[[Category:Unresolved, general, 2012]]
 
==Text of measure==
 
==Text of measure==
 
The official ballot text reads as follows:<ref>[http://www.sos.la.gov/Portals/0/elections/pdf/NOV62012CAS-withseal.pdf ''Louisiana Secretary of State'', "2012 Proposed Constitutional Amendments," retrieved August 17, 2012]</ref>
 
The official ballot text reads as follows:<ref>[http://www.sos.la.gov/Portals/0/elections/pdf/NOV62012CAS-withseal.pdf ''Louisiana Secretary of State'', "2012 Proposed Constitutional Amendments," retrieved August 17, 2012]</ref>

Revision as of 11:16, 30 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.

Election results

See also: 2012 ballot measure election results

LIVE election results will be posted when polls close on November 6, 2012 and when numbers start to roll in.

Louisiana Amendment 8
ResultVotesPercentage
Result not yet known  

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. They say that businesses will be encouraged to bring their investments into Louisiana while at the same time creating a variety of jobs.[2]

Opposition

The Public Affairs Research Council noted, in its analysis of the measure, that one argument against the amendment is the lack of local control due tot he fact that the "final decision about whether to grant the property tax exemption would be made at the state level by the secretary of economic development and the Board of Commerce and Industry, not by the local governments that have the most at stake with regard to property taxes."[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