---
urn: urn:us-la:rs:51:3109
citation: "R.S. 51:3109"
status: active
breadcrumb: "Title 51 › Chapter 53"
acts_citations:
  - { year: 2007, number: 255, section: 1, effective_date: null, role: enactment }
---

# Tax abatement

The governing body of a local government may enter into a tax abatement agreement with a financial institution with respect to the property on which the branch is located in a banking development district.