HB366 — TAX/AD VALOREM TAX: (Constitutional Amendment) Authorizes parishes to exempt business inventory from ad valorem taxes and authorizes parishes to reduce the percentage of fair market value applicable to business inventory (EN SEE FISC NOTE GF EX See Note)

HB366 — TAX/AD VALOREM TAX: (Constitutional Amendment) Authorizes parishes to exempt business inventory from ad valorem taxes and authorizes parishes to reduce the percentage of fair market value applicable to business inventory (EN SEE FISC NOTE GF EX See Note) · Informed CitizenryThis joint resolution proposes amending the Louisiana Constitution to address ad valorem taxes, specifically concerning business inventory. The proposed amendments would establish a new constitutio…Open in Informed Citizenry