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LA SB7
Bill
Status
1/23/2026
Primary Sponsor
Caleb Kleinpeter
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AI Summary
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Amends Article VII, Section 20(A)(1) of the Louisiana Constitution to allow parish governing authorities to increase the homestead exemption beyond the current $7,500 assessed valuation limit
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Parish governing authorities may increase the homestead exemption by up to $12,500 of assessed valuation, potentially raising the total exemption to $20,000
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Requires two-thirds approval from each legislative house and submission to voters at the November 3, 2026 statewide election
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Effective January 1, 2027 if approved by voters
Legislative Description
Constitutional Amendment to authorize a parish governing authority to increase the homestead exemption. (2/3- CA13s1(A))(1/1/27) (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.
3/9/2026