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LA SB141
Bill
AI Summary
Legislative Description
Constitutional amendment to phase-in over a four-year period an exemption from ad valorem property taxes for inventory held by manufacturers, distributors, and retailers, and natural gas held, used, or consumed in providing natural gas storage services or operating natural gas storage facilities. (2/3 - CA13s1(A)) (1/1/16)
TAX EXEMPTIONS
Last Action
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Revenue and Fiscal Affairs.
4/13/2015
Committee Referrals
Revenue & Fiscal Affairs4/2/2015
Full Bill Text
No bill text available