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Iberia Parish to benefit from passing of constitutional amendment No. 2

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Posted: Wednesday, November 3, 2010 12:00 am

Louisiana Constitutional Amendment. No. 2, which will increase the amount of money oil-producing parishes receive from the state based on severance tax collection, passed Tuesday with a 58 percent statewide vote in favor of the redirection of taxes.

The amendment’s passage means the cap on the amount of money redirected to parishes based on their oil and gas revenues will be raised from $850,000 a year to $1.85 million per year.

Iberia Parish, which voted 73 percent in favor of the amendment, is one of several parishes in the state that receive the maximum amount each year. An additional $1 million a year will be redirected to the parish.

This is the second time the amendment has come to a statewide vote. Iberia Parish voters approved the redirection of taxes last year, but the proposition was defeated statewide.

The amendment also provides that money received from activity on state-owned lands within the Atchafalaya Basin, up to $10 million a year, will be diverted into a special fund, the Atchafalaya Basin Conservation Fund.

Here is how the constitutional amendments were decided:

Amendment No. 1

Yes - 845,915; 73%

No - 320,319; 27%

Amendment No. 2

Yes - 663,012; 58%

No - 477,365; 42%

Amendment No. 3

Yes - 737,560; 65%

No - 400,919; 35%

Amendment No. 4

Yes - 532,624; 48%

No - 580,767; 52%

Amendment No. 5

Yes - 700,089; 62%

No - 432,772; 38%

Amendment No. 6

Yes - 728,507; 65%

No - 3992,198; 35%

Amendment No. 7

Yes - 493,596; 45%

No - 603,860; 55%

Amendment No. 8

Yes - 569,063; 51%

No - 538,780; 49%

Amendment No. 9

Yes - 634,757; 57%

No - 472,113; 43%

Amendment No. 10

Yes - 621,322; 55%

No - 507,277; 45%

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