HB 570 — TAX/AD VALOREM TAX: Authorizes a taxing authority to levy a millage at a rate lower than the maximum authorized rate under certain circumstances (EN SEE FISC NOTE LF RV See Note)

HLSENROLLED 26RS-562 REENGROSSED Regular Session HOUSE BILL NO.

570 BY REPRESENTATIVES WILDER AND BERAULT TAX/ADAN VALOREMACT TAX:To amend and reenact R.S.

Authorizes a taxing authorityto levya millage at a rate lower than the maximum authorized rate under certain circumstances AN ACT To amend and reenact R.S.

additional notices * * * B.(1)(a)(i) Beginning in the 2027 ad valorem tax year, for For any taxing authoritywithagoverningauthoritymembershipwhichthatiselectedbythevoters,authoritywithagoverningauthoritymembershipwhichthatis electedbythevoters, increasesin the millage rate in excess of the rates established as provided byArticle VII, Section 23(B) of the Constitution of Louisiana, but not in excess of the prior year's maximum authorized millage rate the maximum authorized millage rate approvedbytheConstitutionofLouisianaandapprovedbythetaxingauthorityuntil the authorized millage rate expiresexpires, may be levied by two-thirds vote of the total Pagemembership 1 of 4a CODING:taxing authority without further voter approval but only after a public hearing held in accordance with the open meetings law.

Maximum millage Page 1 of 3 CODING:

HLS 26RS-562 REENGROSSED HB NO.

570 membershipENROLLED ofrates anot taxinglevied authorityprior withoutto furtherthe voter2024 approvalreassessment butyear, onlyor afterthe a2023 publicreassessment hearingyear heldfor inOrleans accordanceParish, withshall be permanently reduced to the openadjusted meetingsmaximum law.millage rate established for the 2026 ad valorem tax year or the 2025 ad valorem tax year in Orleans Parish.

Maximum millage rates not levied prior to the 2024 reassessment year, or the 2023 reassessment year for Orleans Parish, shall be permanently reduced to the adjusted maximum millage rate established for the 2026 ad valorem tax year or the 2025 ad valorem tax year in Orleans Parish.

* * * Page(2) 2In oforder 4to CODING:accomplish this result, the following shall be mandatory:

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HLS 26RS-562 REENGROSSED HB NO.

570 (2)ENROLLED In(b) orderBeforea totax accomplishrecipient thisbodylevies result,and thecollects followingan increasedmillage rate, each Each tax recipient body shall beadopt mandatory:a separate ordinance or resolution which shall provide for such millage rate increases by two-thirds vote and shall set forth and designate not only the increased millage rate but also the adjusted millage rate as required in Subparagraph (a) above and by Article VII, Section 23(B) of the Constitution of Louisiana.

* * * (b) Before a tax recipient bodylevies and collects an increasedmillage rate, each Each tax recipient body shall adopt a separate ordinance or resolution which shall provide for such millage rate increases by two-thirds vote and shall set forth and designate not only the increased millage rate but also the adjusted millage rate as required in Subparagraph (a) above and by Article VII, Section 23(B) of the Constitution of Louisiana.

DIGESTSPEAKER ThedigestprintedbelowwaspreparedbyHouseLegislativeOF Services.THE HOUSE OF REPRESENTATIVES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED:

ItconstitutesPage nopart3 of the3 legislativeCODING: instrument.

The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent.

[R.S.

1:13(B) and 24:177(E)] HB 570 Reengrossed 2026 Regular Session Wilder Abstract:

Authorizesalocaltaxingauthoritytolevyalowermillageratewithout losingits ability to adjust to the maximum authorized millage rate after a reassessment, permanently reduces maximum millage rates if the maximum millage is not levied prior to the 2024 reassessment year, and limits the adoption of a resolution or ordinance by a tax recipient body to increase its millage rate.

Present constitution and present law require an automatic adjustment in millage rates in responsetochangesinthetaxbaseresultingfromreassessmentorchangesinthehomestead exemption, with adjustments made to ensure taxes collected intheyearafterreappraisalare equal to the amount of taxes collected in the year prior to reappraisal.

Presentconstitutionandpresentlawauthorize,witha2/3vote,ataxingauthoritytoincrease a rate up to the maximum authorized rate without further voter approval.

Present law adjusts the maximum authorized rate due to statewide reassessment everyfour years or a change in the homestead exemption.

Further provides that, if a taxing authority does not increase its millage rate up to the maximum authorized rate, the taxing authority permanently loses the ability to increase its rate to the maximum authorized rate from the prior year's reassessment in the future.

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Wordsinstruckthroughtypearedeletionsfromexistinglaw;wordsunderscored are additions.

HLS 26RS-562 REENGROSSED HB NO.

570 Proposedlawchangespresentlawbyallowingataxingauthorityto continueto levyalower millage rate without subsequently losing its ability to adjust to the maximum authorized millage rate from a prior year's reassessment.

Proposed law prohibits a taxing authority from increasing a millage rate in excess of its adjusted millage rates established for the 2026 ad valorem tax year or the 2025 ad valorem tax year in Orleans Parish.

Proposed law requires that, if an immediate subsequent reassessment has an increased taxable value, then the adjusted maximum millage rate is reduced to the maximum authorized millage rate for the 2024 reassessment year or the 2023 reassessment year in Orleans Parish, as provided by the constitution and approved by the taxing authority.

Presentlawrequiresataxrecipientbodytoadoptanordinanceorresolutiontodesignatethe adjusted millage rate and then requires a tax recipient bodyto adopt a separateordinanceor resolution if the tax recipient body increases its millage rate.

The second ordinance or resolution shall be adopted by a 2/3 vote and shall set forth the increased millage rate and the adjusted millage rate.

Proposed law changes present law, to limit the adoption of the separate ordinance or resolution to instances when a tax recipient body intends to levy and collect an increased millage.

Proposed law applies to taxable years beginning on or after Jan.

1, 2027.

Effective if and when the proposed amendment of Article VII of the Constitution of La.

contained in the Act which originated as House Bill No.

521 of this 2026 R.S.

of the Legislature is adopted at a statewide election and becomes effective.

(Amends R.S.

47:1705(B)(1)(a), (b)(i), and (2)(b)) Summary of Amendments Adopted by House TheCommitteeAmendmentsProposedbyHouseCommitteeonWaysandMeanstothe original bill: