Louisiana Statutes
§ 47:1961.1 — Inventories of manufacturers or merchants defined
Louisiana § 47:1961.1
JurisdictionLouisiana
Title 47Revenue and Taxation
This text of Louisiana § 47:1961.1 (Inventories of manufacturers or merchants defined) 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. § 47:1961.1 (2026).
Text
For the purpose of the classification of property subject to ad valorem taxation and the determination of the applicable percentage of fair market value in determining assessed valuation, the term "inventories of manufacturers or merchants" shall mean all goods held in inventory as raw materials, goods-in-process, or finished goods whether held by manufacturers, wholesalers, distributors, or retailers.
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Legislative History
Acts 1986, No. 1027, §1; H.C.R. No. 88, 1993 R.S., eff. May 30, 1993; H.C.R. No. 1, 1994 R.S., eff. May 11, 1994.
Nearby Sections
3
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Bluebook (online)
Louisiana § 47:1961.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/47%3A1961.1.