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Louisiana Tax Exemption on Drilling Rigs, Amendment 11 (2002)

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The Louisiana Tax Exemption on Drilling Rigs, Amendment 11 was on the ballot in Louisiana on November 5, 2002, as a legislatively referred constitutional amendment. It was defeated. 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 within state boundaries undergoing repair or renovation.[1][2][3]

Election results

Louisiana Amendment 11 (2002)
ResultVotesPercentage
Defeatedd No516,78852.49%
Yes467,72247.51%

Election results via: Louisiana Secretary of State

Text of measure

The question on the ballot:

To exempt from ad valorem taxation drilling rigs used exclusively for the exploration and development of minerals outside the territorial limits of the state in Outer Continental Shelf waters which are within the state for the purpose of being stored, stacked, converted, renovated, or repaired, and any property incorporated in or used in the operation of such drilling rigs.[4][5]

See also


External links

Footnotes