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)]
HB 76 Engrossed 2019 Regular Session Abraham
Abstract: Establishes an ad valorem tax exemption for property that is subject to a cooperative
endeavor agreement that requires the property owner to make payments in lieu of ad valorem
taxes.
Present constitution authorizes the imposition of ad valorem property taxes by local governments,
school boards, and other special districts.
Present constitution authorizes a variety of exemptions from ad valorem tax.
Proposed constitutional amendment changes present constitution by establishing an exemption for
property subject to a cooperative endeavor agreement that requires the property owner to make
payments in lieu of the ad valorem taxes imposed by a taxing authority that is a party to the
agreement. The extent of the exemption shall be as provided for in the agreement.
Proposed constitutional amendment limits eligibility for the exemption to a manufacturing
establishment or an addition to an existing manufacturing establishment that qualifies for the
industrial tax exemption. Proposed constitutional amendment further prohibits eligibility for this
exemption for a manufacturing establishment that has a contract for the industrial tax exemption,
unless it is within the first four years of that contract.
Proposed constitutional amendment requires that exempt properties be listed on the assessment rolls
and that information concerning those properties be submitted to the La. Tax Commission.
Provides for submission of the proposed amendment to the voters at the statewide election to be held
October 12, 2019.
(Adds Article VII, Section 21(O))
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Ways and Means to the original
bill:
1. Change property eligible for the exemption from manufacturing establishments that
qualify for the industrial tax exemption and properties approved by a legislative
committee as provided by law to only properties that qualify for the industrial tax exemption.