A vote FOR Amendment No. 1 will prevent the state and any parish, municipality or political subdivision from imposing any new tax on the sale or transfer of homes and property. These kinds of taxes are commonly known as real estate transfer taxes, and 37 other states have them in some form.
Here is a link that explains the Amendment: http://ballotpedia.org/wiki/index.php/Louisiana_Immovable_Property_Tax,_Amendment_1_(2011)
French Quarter Realty is proud to stand up for consumers and support Constitutional Amendment No. 1 on Saturday, November 19.