Louisiana Statutes
§ 47:1708 — Exemption for property leased to nonprofit organizations for the purpose of housing
Louisiana·Title 47 Revenue and Taxation
§1708. Exemption for property leased to nonprofit organizations for the purpose of housing
the homeless
For the purpose of applying the exemption from ad valorem taxation provided in
Article VII, Section (21)(B)(1)(b) of the Constitution of Louisiana, "term of the lease" shall
mean the total length of the lease, including renewals at the option of lessees, that the lessor
obligates property to a nonprofit corporation or association for use solely as housing for the
homeless.
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Related
Gulf Coast Housing Partnership, Inc. v. Bureau of the Treasury
129 So. 3d 817 (Louisiana Court of Appeal, 2013)
Legislative History
Acts 1992, No. 564, §1, eff. for taxable periods beginning on or after Jan. 1, 1991;
H.C.R. No. 88, 1993 R.S., eff. May 30, 1993; H.C.R. No. 1, 1994 R.S., eff. May 11, 1994.