Louisiana Tax Commission Proposes Rules Concerning Ad Valorem Taxation

The Louisiana Tax Commission Dec. 20 proposed rules concerning ad valorem taxation. The proposal includes measures to: 1) adopt, amend, and repeal sections of the real or personal property rules and regulations for use in the 2025 tax year; and 2) reflect annual changes in valuation procedures for taxation purposes based on the most recent available data. A public hearing will be held on Jan. 29, 2025, at 9:00 am. Comments on the proposed rules are due by Jan. 9, 2025. [La. Tax Comm’n, Proposed Regs. Sections 61: V.703, 61: V.705, et al., 12/20/24]