RDCSB61 416 3509
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
SB 61 Reengrossed 2017 Regular Session Allain
Present constitution provides that all property is subject to ad valorem taxation unless
specifically exempted.
Present constitution provides for specifically enumerated exemptions including a homestead
exemption.
Proposed constitutional amendment authorizes local economic development authorities or
districts, or parish governing authorities to enter into contracts to exempt offshore vessels
from any or all ad valorem taxation, but only upon a favorable vote of a majority of the
governing authority of all tax recipient bodies in the parish.
Specifies submission of the amendment to the voters at the statewide election to be held on
November 6, 2018.
(Adds Const. Art. VII, Sec. 21(N))
Summary of Amendments Adopted by the Senate
Senate Floor Amendments to the engrossed bill
1. Makes technical changes.
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Ways and Means to the
reengrossed bill:
1. Clarify that the exemption provided for in proposed constitutional amendment
applies to contracts entered into by the entity charged with economic
development for each parish exempting offshore vessels from parish, municipal,
and special ad valorem taxes.
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