Your feedback ensures we stay focused on the facts that matter to you most—take our survey.

Louisiana Property Tax Exemption for Drilling Rigs, Ballot Measure 8 (October 2003)

From Ballotpedia
Jump to: navigation, search


Voting on taxes
Taxes.jpg
Ballot measures
By state
By year
Not on ballot
Louisiana Constitution
Flag of Louisiana.png
Preamble
Articles
1234567891011121314

The Louisiana Property Tax Exemption for Drilling Rigs, Ballot Measure 8 was on the ballot in Louisiana on October 4, 2003, as a legislatively referred constitutional amendment. It was approved. It proposed that an ad valorem tax exemption should be given for drilling rigs that would be used outside the territorial waters of the state but were in state boundaries undergoing repair or renovation.[1][2][3]

Election results

Louisiana Measure 8 (October 2003)
ResultVotesPercentage
Approveda Yes589,35555.92%
No46448744.08%

Election results via: Louisiana Secretary of State

Text of measure

The question on the ballot:

To exempt from property tax, in each parish in which the voters have approved a proposition granting such exemption, drilling rigs and any property incorporated in or used in the operation thereof, used outside of the state exclusively for the exploration and development of minerals, but which are located within the state for the purpose of being stored, stacked, converted, renovated, or repaired. (Effective January 1, 2004)(Adds Article VII, Section 21(J))[4][5]

See also


External links

Footnotes