Please vote NO
Our department receives our funding from property taxes.
Amendment 5 would allow major corporations to NEGOTIATE what they pay in property taxes and whether they pay them at all. It would let one group of taxpayers, industrial manufacturers, have a different set of rules for taxes than anyone else. Instead of paying the tax rate approved by voters, they would be able to pay whatever amount they’re able to negotiate through special agreements called cooperative endeavor agreements.
This would affect taxes collected by both Municipal and Parish Governments. Meaning cuts to current Public Services or increases in taxes for homeowners, renters and small businesses.