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LA HB217
Bill
Status
2/19/2026
Primary Sponsor
Chance Henry
Click for details
AI Summary
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Parish governing authorities may elect by resolution to implement ad valorem tax exemptions for rehabilitated blighted or derelict properties, applying to all millages within the parish
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Residential property exemptions are capped at 75% of assessed value for up to 20 years; unimproved land exemptions are capped at 25% of assessed value for up to 10 years
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Unimproved land must be adjacent to a tract with a residential or commercial structure, and property owners are limited to exemptions on no more than two unimproved tracts
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Parishes implementing the exemption must establish application processes, rehabilitation standards, approval criteria, and revocation conditions
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Effective January 1, 2027, contingent on voter approval of a related constitutional amendment (Article VII, Section 21(P))
Legislative Description
Authorizes an optional property tax exemption for blighted or derelict properties that have been rehabilitated (OR SEE FISC NOTE LF RV)
TAX/AD VALOREM-EXEMPTION
Last Action
Read by title, under the rules, referred to the Committee on Ways and Means.
3/9/2026