---
urn: urn:us-la:rs:47:1854
citation: "R.S. 47:1854"
status: active
breadcrumb: "Title 47 › Subtitle III › Chapter 2 › Part III"
acts_citations:
  - { year: 1976, number: 703, section: 1, effective_date: null, role: enactment }
  - { year: 1980, number: 602, section: 1, effective_date: null, role: amendment }
---

# Assessment

All public service properties shall be assessed for taxation in accordance with the provisions of the Louisiana Constitution of 1974. Land shall be assessed at ten percent of fair market value; electric cooperative properties shall be assessed at fifteen percent of fair market value; and all other properties shall be assessed at twenty-five percent of fair market value.