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LA HB570
Bill
Status
2/26/2026
Primary Sponsor
Roger Wilder
Click for details
AI Summary
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Allows local taxing authorities to levy a lower millage rate without permanently losing the ability to increase to their maximum authorized millage rate after future reassessments
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Permanently reduces maximum millage rates to the 2026 adjusted rate (2025 for Orleans Parish) if the taxing authority did not levy the maximum rate prior to the 2024 reassessment year (2023 for Orleans Parish)
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Requires that if a subsequent reassessment increases taxable value, the adjusted maximum millage rate must decrease to the rate established for the 2024 reassessment year (2023 for Orleans Parish)
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Elected taxing authorities may increase millage up to the maximum authorized rate with a two-thirds vote after a public hearing; non-elected authorities face additional limits
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Effective January 1, 2027, contingent on voter approval of a related constitutional amendment at the November 3, 2026 statewide election
Legislative Description
Authorizes a taxing authority to adjust a millage rate to the maximum authorized rate after a reassessment and establishes limits to millage adjustments (OR SEE FISC NOTE LF RV)
TAX/AD VALOREM TAX
Last Action
Read by title, under the rules, referred to the Committee on Ways and Means.
3/9/2026