Past studies have shown Louisiana taxpayers to be victims of gross inequities in the assessment of property with little or no effort being made at the state or local level to implement fair and equitable assessment practices. The 1974 constitution and subsequent statutory law provide an opportunity to correct many of the inequities now existing in property assessment. However, it is unlikely that there will be any semblance of equity unless (1) there is strong and effective supervision exercised by the state tax commission and (2) taxpayers have available a clearly defined and expeditious procedure for appealing inequities in their assessments. Strong penalties for failure to comply with such provisions should be adopted and enforced. Only in this way can Louisiana taxpayers expect fair and equitable assessment of their property. (Author)