The Chamber SWLA and its Board of Directors urge voters to vote YES on Constitutional Amendment #1 when voting on October 14.
Constitutional Amendment #1 will prohibit the assessment of property taxes on any
project while it is under construction. Only when construction of a house, building or facility is completed and ready for its intended use should the local assessor place
the property on the tax rolls.
If the amendment does not pass, citizens and businesses could be taxed on construction of homes, barns and other structures. Constitutional Amendment #1 provides certainty
to every business seeking to invest money and create jobs in Louisiana by ensuring it
is not targeted with a new, arbitrary and unexpected property tax bill. Please note
that this Amendment does not effect current tax revenue on the local government
level. Construction projects have not been taxed in the past and this amendment will
prevent them from being taxed in the future.
For more information, visit protectlataxpayers.com.