- A $250,000 ad valorem property tax exemption for homestead properties.
Come on Down! There is Space on the Bayou in Louisiana!

First, it was traditional manufacturing. Next, it was data centers. Now, Louisiana is opening its doors to the aerospace industry with new tax incentives. Louisiana’s executive and legislative leaders are openly and aggressively pursuing businesses in the aerospace industry.
During the ongoing 2026 Regular Session of the Louisiana Legislature, Rep. Tony Bacala sponsored House Bill…
French Brown Presents at Florida Bar Tax Section Annual Meeting

Jones Walker SALT Partner, French Brown, will speak at the Florida Bar’s Tax Section Annual Meeting on May 15, 2026.
French will cover the Florida Property Tax session by helping attendees understand the framework and unique procedures of the property tax system. This includes the various state and local entities engaged in the administration…
SAVE THE DATE for Jones Walker’s Annual State & Local Tax Seminar on October 8, 2026!

WHEN: Thursday, October 08, 2026
WHERE: Hotel ZaZa Museum District
Please Save the Date for Jones Walker’s Annual State & Local Tax Seminar!
Be sure to check back for upcoming program details! This program is intended for industry tax professionals and will be recommended for Texas CPE and CLE.
Full brochure coming soon!
Questions? Contact
Timeline Extended for Appealing Assessments and Denial of Refund Claims

Senate Bill No. 196 of the 2026 Regular Session, which has passed the Louisiana House of Representatives, is headed back for Senate acceptance of minor amendments and will soon be headed to the Governor for signing.
The Bill extends the deadlines to appeal an assessment of taxes at both the state and parish level…
Changes to Louisiana Inventory Tax Credit in Acts 11 and 412 — July 1, 2026 Deadline

On March 27, the Louisiana Department of Revenue issued guidance in RIB No. 26-011 on changes to the Inventory Tax Credit established during the 2024 Third Extraordinary Session and the 2025 Regular Session. The RIB reiterates that C corporations will no longer earn inventory tax credits (ITC) for ad valorem taxes paid on or after…
Mississippi Drops the Ball on NIL Tax Break

Mississippi’s proposed legislation to exempt student-athletes’ NIL income from state taxation has officially been shelved, halting what would have made Mississippi one of the few states offering such a targeted incentive. The bill’s failure reflects the broader trend of states (particularly with schools in the SEC) considering tax-based incentives to stay competitive in recruiting. For…
Dot Your I’s and Cross your T’s: New LAT Verification Form Required in Tax Year 2026

Starting in property tax Year 2026, any taxpayer that renders personal property on a LAT form and wishes to submit any additional documents or materials to an assessor, “shall” submit the new LAT Form VF, or Verification Form. This new form must accompany any documents submitted to the assessor in addition to…
Taxing Talent: State Efforts to Carve Out NIL Income from Tax Bases

During the final week of February, House Bill 4014 cleared the Mississippi House of Representatives. The bill exempts income earned by college athletes from their Name, Image, and Likeness (“NIL”) activities from Mississippi income tax.
If the measure clears the Senate and is signed by the Governor, Mississippi would become only the second state (following…
Florida Legislature Proposes Not to Conform to One Big Beautiful Bill Tax Relief Provisions

On February 24, the Florida House and Senate released their initial tax proposals for the 2026 Regular Session. Both initial bills decouple from the corporate tax relief provisions contained in Trump’s One Big Beautiful Bill Act, although in different methods.
House Bill 7031 from the Ways and Means Committee includes corporate income conformity tax provisions…