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LA HB502
Bill
Status
2/26/2026
Primary Sponsor
Danny McCormick
Click for details
AI Summary
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Requires the Caddo Parish governing authority to fully evaluate and document property taxes that would be abated by each taxing entity before approving any Payment in Lieu of Taxes (PILOT) program
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Mandates that the Caddo Parish Sheriff, Caddo Parish Commission, and Caddo Parish School Board each independently approve abatement of their respective portions of property taxes for PILOT programs to apply to them
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Authorizes the Caddo Parish Commission to approve tax abatements on behalf of other political subdivisions in Caddo Parish, except for the Sheriff and School Board portions
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Allows PILOT projects to proceed with partial approval—if some entities approve and others deny, the abatement applies only to the approved portions
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Amends R.S. 34:3160(A) governing the Caddo-Bossier Parishes Port Commission's powers within its port area covering Caddo and Bossier parishes
Legislative Description
Provides relative to the authority of the Caddo Parish Port Commission to use the payment in lieu of taxes program (OR NO IMPACT LF EX See Note)
PORTS/HARBORS/TERMINALS
Last Action
Read by title, under the rules, referred to the Committee on Transportation, Highways and Public Works.
3/9/2026