La. Revenue and Taxation § 47:305.19

Current with operative changes from the 2024 Third Special Legislative Session

Section 47:305.19 - Exclusions and exemptions; leased vessels used in the production of minerals

The taxes imposed by taxing authorities shall not apply to those vessels which are leased for use offshore beyond the territorial limits of this state for the production of oil, gas, sulphur, and other minerals or for the providing of services to those engaged in such production.

Added by Acts 1975, No. 818, §1. Amended by Acts 1976, No. 553, §1, eff. Jan. 1, 1977; H.C.R. No. 55, 1986 R.S.; Acts 2003, No. 73, §1, eff. July 1, 2003.

Added by Acts 1975, No. 818, §1. Amended by Acts 1976, No. 553, §1, eff. 1/1/1977; H.C.R. No. 55, 1986 R.S.; Acts 2003, No. 73, §1, eff. 7/1/2003.