§ 47:1715 — Exemption for property of the surviving spouse of certain military personnel, law

Louisiana § 47:1715

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§1715. Exemption for property of the surviving spouse of certain military personnel, law
enforcement and fire protection officers, and other first responders; eligibility for
certain trusts
A trust shall be eligible for the ad valorem tax exemption established under Article
VII, Section 21(M) of the Louisiana Constitution which provides an exemption for the
surviving spouse of certain persons who died while performing their duties as a member of
the military, law enforcement or fire protection officer, volunteer firefighter, medical
responder, technician, or paramedic as provided in the Louisiana Constitution, if all of the
following apply:
(1) The settlor or settlors of the trust meet the conditions for eligibility established
under Article VII, Section 21(M) of the Louisiana Constitution.
(2) The settlor or settlors of the trust were the immediate prior owners of the
homestead.
(3) The naked ownership of the homestead was transferred to the trust.
(4) The settlor or settlors retained a usufruct on the homestead.
(5) The settlor or settlors continue to occupy the homestead.
(6) The settlor or settlors would have been eligible for the exemption established
under Article VII, Section 21(M) of the Louisiana Constitution had they retained the naked
ownership of the homestead.

Legislative History

Acts 2018, No. 659, §1, eff. December 12, 2018.