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LA SB158
Bill
Status
Introduced
4/1/2021
Primary Sponsor
R. Bret Allain
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AI Summary
Legislative Description
Constitutional amendment to phase out the ad valorem tax on inventory, reduce the maximum amount of the industrial property tax exemption, and provide for funding for local government. (2/3 - CA13s1(A))
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.
4/12/2021
Committee Referrals
Revenue & Fiscal Affairs4/1/2021
Full Bill Text
No bill text available