Louisiana § 47:1708 Exemption for property leased to nonprofit organizations for the purpose of housing

Louisiana Statutes

§ 47:1708 — Exemption for property leased to nonprofit organizations for the purpose of housing

Louisiana § 47:1708

Title 47Revenue and Taxation

This text of Louisiana § 47:1708 (Exemption for property leased to nonprofit organizations for the purpose of housing) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

La. Stat. Ann. § 47:1708 (2026).

Text

§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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§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.

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.