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LA HB1179
Bill
Status
4/29/2026
Primary Sponsor
Tony Bacala
Click for details
AI Summary
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Extends Louisiana's Industrial Tax Exemption Program (ITEP) property tax exemption to aerospace manufacturing establishments and related capital expenditures for facilities and infrastructure
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Defines "aerospace manufacturing" as fabrication, assembly, integration, testing, preparation, and launch of vehicles and craft for aerospace activities
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Covers aerospace facilities including launch pads, structures, propellant systems, testing infrastructure, and support systems functionally integrated with manufacturing
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Exemption authorized under Article VII, Section 21(F) of the Louisiana Constitution, which allows an initial 5-year term with possible 5-year renewal
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Effective upon governor's signature or lapse of time for gubernatorial action
Legislative Description
Extends eligibility for the ad valorem tax exemption for certain manufacturing establishments to certain aerospace manufacturing establishments (EN SEE FISC NOTE LF RV See Note)
TAX/AD VALOREM-MFG/EXEMP
Last Action
Enrolled and signed by the Speaker of the House.
4/29/2026