1. A. Real property, as defined in R.S. 47:2322, shall be reappraised and reassessed at least every four years.
2. B. Personal property, as defined in R.S. 47:2322, shall be reappraised and reassessed every year.
3. C. Incorporeal real or immovable property, as defined in R.S. 47:2322 and R.S. 47:1702, shall be reappraised and reassessed once every four years.
4. D. Taxable intangible public service properties, bank stocks, and credit assessments on premiums written in Louisiana by insurance companies and loan and finance companies, per R.S. 47:1709 or incorporeal personal or movable property, as defined in R.S. 47:1702, shall be reappraised and reassessed every year.
5. E. Public service property, as defined in R.S. 47:1851, shall be reassessed every year.

Authority Note

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:2331.

Historical Note

HISTORICAL NOTE: Promulgated by the Department of Revenue and Taxation, Tax Commission, LR 8:102 (February 1982), amended LR 10:921 (November 1984), LR 15:1097 (December 1989), LR 16:1063 (December 1990), amended by the Department of Revenue, Tax Commission, LR 34:677 (April 2008), amended by the Office of the Governor, Division of Administration, Tax Commission, LR 43:649 (April 2017), LR 46:560 (April 2020).