Tag Archives: Property Tax

Louisiana Voters Pass Ad Valorem Tax Exemption for Construction Projects

On October 21, 2017, Louisiana voters resoundingly voted in favor of a Constitutional Amendment to the Louisiana Constitution (Act 428 of the 2017 Regular Session of the Louisiana Legislature). The Amendment clarifies a long standing practice that construction materials delivered to a construction site are exempt from ad valorem tax during the pendency of the … Continue Reading

Much Ado About Nothing: Louisiana’s 2017 Regular Session Legislative Wrap-Up

The Louisiana Legislature’s 2017 Regular Session has now concluded, and as previously reported, numerous tax measures were proposed.  Ultimately, however, much of the proposed legislation addressing long-term tax reform was largely rejected by the Legislature during the Regular Session, leaving questions currently unanswered as to how the state will ultimately address the long-term issue of … Continue Reading

Louisiana Task Force Releases Recommendations to Reform Louisiana Tax Policy

The Louisiana Task Force on Structural Changes in Budget & Tax Policy recently released its recommendations to reform Louisiana’s sales and use tax, individual income tax, corporate income & franchise taxes, ad valorem property tax and economic development incentives. The highlights of the Task Force’s recommendations include: Sales and Use Tax: Expand the sales and use … Continue Reading

Special Legislative Session Called by Louisiana Governor To Address Taxes and Budget

Today, Louisiana Governor Edwards called for a special session of the Louisiana Legislature to begin on February 14, 2016 and end no later than March 9, 2016.  The session has been called to address the current year $700 million budget deficit and a number of tax issues, including: Amend the Constitution “relative to deductible items … Continue Reading

Louisiana Governor Releases Report on Fiscal Matters: A Preview of Potential Tax Changes

Louisiana Governor Edwards’ Transition Committee on Fiscal Matters released its much-anticipated report on the Louisiana budget and taxes. In order to address Louisiana’s structural deficit, the Transition Committee offered the following options to reform the Louisiana tax system: Reduce Louisiana’s individual income tax rates across the board, if the voters agree to eliminate the deduction … Continue Reading

Feast or Famine: Texas Legislature Approves $3.8B Tax Cut; Neighboring Louisiana Legislature Still Grapples with $1.6B Budget Gap

As the Texas Legislature wraps up its legislature session today, June 1, 2015, the Texas Legislature has approved a number of tax cuts to be sent to Governor Abbott. These tax cuts are expected to provide $3.8 billion in relief to Texas businesses and homeowners. First, the Texas Legislature adopted H.B. 32, which creates a … Continue Reading

Is the Commerce Clause’s “Goods-in-Transit” Doctrine Off of the Menu?

Two recent decisions have addressed whether ad valorem tax can be imposed on stored natural gas, for use outside of the taxing state. See ETC Mktg, Ltd. v. Harris County Appraisal Dist., 01-12-00264 (Tex. Ct. App. 2014); In re Various Applicants for Exemption from Prop. Tax., 313 P.2d 789, 799 (Kan. 2013), cert. denied Missouri Gas Energy v. Kansas, … Continue Reading

Backstrom and Adams Author Article for Oil & Gas Financial Journal

Bill Backstrom and Jay Adams, both partners in the firm’s Tax & Estates Practice Group in the New Orleans office, published an article in the Oil & Gas Financial Journal. In their article titled, “Energy Companies at Risk of Higher Taxes in Louisiana,” Bill and Jay explain that tax assessors in a number of Louisiana parishes are … Continue Reading

Jones Walker SALT Partners Discuss Louisiana Tax Issues for Energy Companies in the Houston Business Journal

Bill Backstrom and Jay Adams were quoted in an article published by the Houston Business Journal on June 11, 2014. The article titled, “Houston Energy Companies Could Be Hurt by Louisiana Taxes,” discusses how Houston energy companies are paying closer attention to Louisiana’s tax assessors’ plans to tax underground gas storage facilities in salt domes … Continue Reading
LexBlog