Louisiana Enacts Ad Valorem Tax Exemptions for Aerospace Manufacturing

The Louisiana Governor enacted a law creating new ad valorem tax exemptions for aerospace manufacturing activities. The law extends the constitutional tax exemptions to aerospace manufacturing facilities, equipment, and related infrastructure integral to aerospace operations. The law took effect May 11. [H.B. 1179, enacted 05/11/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.