HB448 — TAX/AD VALOREM-EXEMPTION: (Constitutional Amendment) Prohibits ad valorem tax exemptions for property owned by nonprofit organizations used for commercial purposes (OR SEE FISC NOTE LF RV)

HB448 — TAX/AD VALOREM-EXEMPTION: (Constitutional Amendment) Prohibits ad valorem tax exemptions for property owned by nonprofit organizations used for commercial purposes (OR SEE FISC NOTE LF RV) · Informed CitizenryThis Joint Resolution proposes an amendment to Article VII, Section 21(B)(4)(a) of the Constitution of Louisiana regarding ad valorem taxation. The proposed amendment would state that none of the p…Open in Informed Citizenry