HB365 – Act 357

Provides for an optional exemption of business inventory from ad valorem taxes and to authorize the reduction of the fair market value percentage of business inventory under certain circumstances (EN SEE FISC NOTE GF EX See Note)

✅ Became Act No. 357

Official Bill Page

Org Votes

✅ Support (1): Louisiana Freedom Caucus

❌ Oppose (0):

🟡 Neutral (2): Citizens for a New Louisiana Louisiana Motor Transport Association

Final Passage Votes

• House: 93–0 (✅ Passed) View Roll Call
• Senate: 36–0 (✅ Passed) View Roll Call

Amendments

• 📝 Senate Committee Amendment #1886 R&F Draft
• Senate Committee Amendment #1914 R&F Proposed
• ✅ Senate Floor Amendment #2993 Cathey Adopted
• ✅ Senate Floor Amendment #2862 Reese Adopted

Text Versions

• Introduced
• Engrossed
• Enrolled
• Chaptered