yourstate.us
Home / Louisiana / Municipalities and Parishes
La. Rev. Stat. § 33:4545.24

Payment in lieu of taxes

Louisiana · Louisiana Revised Statutes Title 33 — Municipalities and Parishes · Status: effective

Get this as JSONEmbed this
Cite this
Citation
La. Rev. Stat. § 33:4545.24, Payment in lieu of taxes, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2716979
Permanent ID
ys:prov:2716979@1
SHA-256
615063907587e0f923884d8e426d840662adf95679b5643d94b5ef4f5350e5e5

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

A project owned by the Authority shall be exempt from property taxes; provided, however, that the Authority owning a project may, in lieu of property taxes, pay to any governmental body authorized to levy property taxes an amount in lieu of property taxes. Payments in lieu of taxes made hereunder shall be treated in the same manner as taxes for purposes of all procedural and substantive provisions of law. Except as herein expressly provided with respect to projects owned by the Authority, no other property of the Authority used or useful in the generation, transmission and transformation of electric power and energy shall be subject to payment in lieu of taxes.