Amendment 04: Property tax exemption for business inventory
What this amendment does
This amendment allows local parishes to reduce or eliminate property taxes on business inventory.
What a “No” vote means
Keep existing funding for schools and local services stable.
Business inventory continues to be taxed as it is today
Local governments and schools maintain a consistent funding stream
Why it matters
Business inventory taxes are a key funding source for schools and essential services
Eliminating them reduces long-term, stable funding once the one-time state backfills run out
Wealthier parishes will absorb losses, while lower-income communities face greater strain
This will widen gaps and create uneven resources across the state
