TAX/AD VALOREM-MFG/EXEMP: (Constitutional Amendment) Limits eligibility of solar facilities from participating in the ad valorem tax exemption program known commonly as ITEP (OR SEE FISC NOTE LF RV)

HB 464 proposes a constitutional amendment to Louisiana's property tax exemption program for manufacturing facilities. It would require solar power generation facilities seeking tax exemptions to use only solar panels manufactured in Louisiana, directly affecting new or existing solar facilities that want to qualify for this tax benefit. The key provision (Section 21(F)(3)) explicitly states that solar facilities cannot receive exemptions unless all panels used are made within the state. This change would take effect for tax year 2027 if approved by voters in November 2026. The amendment does not alter exemptions for other manufacturing facilities.