Usufruct
R.S. 47:1708

Exemption for property leased to nonprofit organizations for the purpose of housing the homeless ACTIVE

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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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

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History

  • enactment Acts 1992, No. 564, §1, eff. for taxable periods beginning on or after Jan. 1, 1991

Section navigation

Cite R.S. 47:1708

Bluebook
La. Rev. Stat. Ann. § 47:1708 (2026).
Permalink
https://theusufruct.com/rs/title-47/section-1708
BibTeX
@misc{larevstat-47-1708,
  title        = {La. Rev. Stat. Ann. § 47:1708},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-47/section-1708},
  note         = {Snapshot 2026-05-22}
}