Dale M. Maas, Attorney at Law
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Posts tagged "purchase agreement"

Property tax break bill passes Louisiana State Senate

Proposed House Bills 674 and 694, which would give local government entities the capability to temporarily grant property tax breaks to companies that shift their operations to the state, passed the Louisiana State Senate recently. Some of the basic requirements for the property tax to be an option include having to hire at least 50 new, full-time positions as well as having to spend $25 million on the commercial real estate on which the building is located.

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