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LEGISLATIVE

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Louisiana

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7/22/05-The Legislature has approved an effort that would eliminate the New Orleans property tax on motor vehicles. It now must gain approval from voters in a November 2006 statewide election before it can become law.
The proposed constitutional amendment – HB187 – would prohibit cities and parishes in the state from levying a property tax on motor vehicles. A Senate amendment to include trailers and semi-trailer in the exemption was dropped from the final version.
Currently, local governments are allowed to adopt the tax, but only New Orleans has done so.

6/20/05-The Senate unanimously approved a bill June 17 that would eliminate the New Orleans property tax on motor vehicles and trailers.
HB187, sponsored by Rep. Jeff Arnold, D-Algiers, now heads back to the House for approval of Senate changes. If approved there, it would move to Gov. Kathleen Blanco to be signed into law.
The bill would prohibit cities and parishes in the state from levying a property tax on motor vehicles. An amendment to the bill, added on the Senate floor, would include trailers and semi-trailers in the exemption.
Currently, local governments are allowed to adopt the tax, but only New Orleans has done so.
If signed into law, the proposed constitutional amendment would still need to gain approval of voters in a statewide election scheduled for Nov. 2006, leaving about 16 months for the city and state lawmakers to come up with alternative sources for lost revenue.
For bill status, call (504) 342-2456. In Louisiana, call 1-800-256-3793.

 

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