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LA HB557

Bill

Status

Engrossed

4/28/2025

Primary Sponsor

Jacob Braud

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Political subdivisions may adopt ordinances to convert title of adjudicated property they hold into tax lien certificates, which must be filed with the parish recorder of mortgages

  • The period of adjudication may count toward the three-year waiting period required before enforcing a tax lien certificate

  • If conversion to tax lien certificate occurs more than three years after the adjudication was recorded, the property may be sold immediately after completing post-tax lien notice requirements under R.S. 47:2156

  • Provisions supersede and control over Acts 2024, No. 774 regarding the affected statutes

  • Effective January 1, 2026, applying to all taxable periods beginning on or after that date

Legislative Description

Provides relative to adjudicated tax-delinquent property and the tax lien certificate process (RE NO IMPACT LF RV See Note)

TAX/AD VALOREM TAX

Last Action

Read by title and returned to the Calendar, subject to call.

6/2/2025

Committee Referrals

Revenue & Fiscal Affairs4/29/2025
Ways and Means4/4/2025

Full Bill Text

No bill text available