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LA SB56
Bill
Status
Introduced
4/2/2025
Primary Sponsor
Gregory Miller
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AI Summary
- Proposes a constitutional amendment allowing parish governing authorities to approve an additional homestead exemption of up to $22,500 of assessed property valuation, on top of the existing $7,500 exemption
- Each parish governing authority must individually approve the enhanced homestead exemption for it to apply within that parish
- Taxing authorities must absorb any revenue loss from the additional exemption, with no increased tax liability passed to other taxpayers
- Implementation of the exemption cannot trigger property reappraisals or millage adjustments
- Amendment would be submitted to Louisiana voters at the November 15, 2025 statewide election
Legislative Description
Constitutional amendment to authorize the local governing authority of a parish to provide an increase to the homestead exemption. (2/3-CA13s1(A)) (OR SEE FISC NOTE LF RV)
TAX/AD VALOREM
Last Action
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Revenue and Fiscal Affairs.
4/14/2025
Committee Referrals
Revenue & Fiscal Affairs4/2/2025
Full Bill Text
No bill text available