S.22-4.32: No Purchasing Louisiana Act (PASSED)
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  S.22-4.32: No Purchasing Louisiana Act (PASSED)		 « previous next »
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Author Topic: S.22-4.32: No Purchasing Louisiana Act (PASSED)  (Read 101 times)
fhtagn
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« on: November 28, 2022, 10:13:31 PM »
« edited: December 05, 2022, 09:35:31 PM by fhtagn »
Quote
NO PURCHASING LOUISIANA ACT

Quote
1. The Louisiana Industrial Property Tax Exemption Program (ITEP) is hereby repealed. No commercial industrial property shall be generally exempt from local property taxes in Louisiana. Louisiana localities may exempt new commercial industrial property developments from local property taxes for no more than five (5) years.

2. This act shall take effect at the beginning of Louisiana's next fiscal year subsequent to the passage of this act.

Sponsor: Governor LT
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Mr. Reactionary
blackraisin
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« Reply #1 on: November 28, 2022, 10:36:34 PM »
This is a very specific policy out of Louisiana that keeps many localities poor. This bill repeals the property tax exemption on large corporations which are oddly exempt.
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fhtagn
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« Reply #2 on: December 01, 2022, 08:48:15 PM »
Motioning for a final vote. 24 hours for objections.
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President Punxsutawney Phil
TimTurner
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« Reply #3 on: December 02, 2022, 03:04:54 AM »
No objection.
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fhtagn
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« Reply #4 on: December 02, 2022, 09:41:16 PM »
A final vote on this bill is now open for 72 hours, or until 24 hours after this has enough votes to pass or fail, or until everybody votes, whichever occurs soonest.
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fhtagn
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« Reply #5 on: December 02, 2022, 09:47:35 PM »
Aye
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reagente
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« Reply #6 on: December 02, 2022, 09:55:16 PM »
aye
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UlmerFudd
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« Reply #7 on: December 02, 2022, 10:04:29 PM »
aye
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President Punxsutawney Phil
TimTurner
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« Reply #8 on: December 03, 2022, 08:43:05 AM »
Aye
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RFayette
Junior Chimp
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« Reply #9 on: December 03, 2022, 04:13:50 PM »
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fhtagn
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« Reply #10 on: December 05, 2022, 09:35:21 PM »
The bill now passes and awaits gubernatorial action.

Aye: 5
Nay:0
Present: 0
Not voting: 0


Quote
NO PURCHASING LOUISIANA ACT

Quote
1. The Louisiana Industrial Property Tax Exemption Program (ITEP) is hereby repealed. No commercial industrial property shall be generally exempt from local property taxes in Louisiana. Louisiana localities may exempt new commercial industrial property developments from local property taxes for no more than five (5) years.

2. This act shall take effect at the beginning of Louisiana's next fiscal year subsequent to the passage of this act.
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