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Louisiana Exemptions from Ad Valorem Tax, Act 47 (September 1996)

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The Louisiana Exemptions from Ad Valorem Tax Amendment, also known as Amendment 2, was on the ballot in Louisiana on September 21, 1996, as a legislatively referred constitutional amendment. It was approved. It proposed that intangible business property would be exempt from ad valorem taxes. Intangible business property is property such as goodwill or brand recognition that does not exist in a physical form.[1][2]

Election results

Louisiana Amendment 2 (September 1996)
ResultVotesPercentage
Approveda Yes469,60954.09%
No398,51745.91%

Election results via: Louisiana Secretary of State

See also


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Footnotes