Loading chat...
LA SB88
Bill
Status
2/20/2026
Primary Sponsor
Gregory Miller
Click for details
AI Summary
-
Proposes adding Article VII, Section 21(P) to the Louisiana Constitution to allow parish governing authorities to approve an additional homestead exemption of up to $22,500 of assessed property value, beyond the existing $7,500 exemption
-
Each parish governing authority must individually approve the enhanced exemption for it to apply within that parish
-
Taxing authorities must absorb any revenue loss from the additional exemption; other taxpayers cannot face increased tax liability as a result
-
Implementation of the exemption cannot trigger property reappraisals or millage adjustments
-
Amendment would be submitted to Louisiana voters at the November 3, 2026 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 See Note)
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