Tag Archives: 1978.1

Property Damage Suffered as a Result of Hurricane Ida Must be Considered by Assessors into Determining the Fair Market Value

In response to the pandemic, the Jones Walker SALT team published an article regarding La. R.S. 47:1978.1 and its mandate that property damaged, destroyed, or rendered nonoperational due to an emergency declared by the governor was subject to reassessment, including the consideration of additional obsolescence, as a result of that physical and financial damage. In … Continue Reading

Jay Adams and Joe Landry Discuss Property Tax Relief for Louisiana Business Property

Property Tax Relief for Louisiana Business Property by Jay Adams and Joe Landry Reprinted from Tax Notes State, April 27, 2020, p. 537 Volume 96, Number 4 April 27, 2020 Through multiple proclamations, Louisiana Gov. John Bel Edwards (D) ordered that nonessential businesses close their doors or limit their operations, including restaurants, hotels, casinos, retail … Continue Reading
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