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Louisiana Immovable Property Tax Amendment

Louisiana Ballot Measure - Act 425

Election: Nov. 19, 2011 (General)

Outcome: Passed

Categories:

Housing and Property
Constitution
Taxes

Summary

(Constitutional Amendment) Prohibits the levy of new taxes or fees upon the sale or transfer of immovable property after Nov. 30, 2011.

Measure Text


    Be it further resolved that on the official ballot to be used at said election there shall be printed a proposition, upon which the electors of the state shall be permitted to vote FOR or AGAINST, to amend the Constitution of Louisiana, which proposition shall read as follows:

    To prohibit the levy of new taxes or fees upon the sale or transfer of immovable property, including documentary transaction taxes or fees, or any other tax or fee, by the state or any of its political subdivisions after November 30, 2011.

    (November 30, 2011) (Adds Article VII, Section 2.3)

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