La. Admin. Code tit. 61 § V-2709

Current through Register Vol. 50, No. 6, June 20, 2024

Section V-2709 - Assessment and Classification-Agricultural and Horticultural

A. Assessment of Agricultural and Horticultural Lands. Use Value Table 2717.A presents the use value and assessed value of all bona fide agricultural and horticultural lands.

B. Classification of Agricultural and Horticultural Lands. The first four classifications of soils designated by the U.S. Department of Agriculture, Natural Resources Conservation Service, with such modifications as may be required by special circumstances, are hereby established for classification of agricultural and horticultural lands into Class I, II, III and IV lands, provided that all lands subject to regular and periodic flooding may be classified as Class IV lands.

La. Admin. Code tit. 61, § V-2709

Promulgated by the Department of Revenue and Taxation, Tax Commission, LR 8:102 (February 1982), amended LR 9:69 (February 1983), LR 22:117 (February 1996).

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:2301 through R.S. 47: 2308.