HB287

Extends the Louisiana Tax Commission's authority to collect fees for assessing public service, insurance company, and financial institution.

Louisiana HB287 extends the authority of the Louisiana Tax Commission to impose fees for the assessment of public service, insurance company, and financial institution properties. The current law authorizes these fees, but HB287 extends the authorization through June 30, 2030. The fees in question are 0.0004% for public service properties, 0.0003% for insurance companies, and 0.0003% for financial institutions. This extension ensures the Tax Commission can continue to collect these fees for the specified properties.