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HLS 26RS-255 ENGROSSED Regular Session HOUSE BILL NO.
ENROLLED Regular Session HOUSE BILL NO.
521 BY REPRESENTATIVE WILDER TAX/ADVALOREM TAX:
521 BY REPRESENTATIVES WILDER, AMEDEE, BAMBURG, BAYHAM, BERAULT, BILLINGS, BOUDREAUX, BOURRIAQUE, BRASS, CARVER, CHASSION, CHENEVERT,COATES, COX,CREWS, DESHOTEL,DEWITT,DICKERSON, EDMONSTON,EGAN,FIRMENT,FONTENOT,FREIBERG,GALLE,HEBERT, HORTON, KNOX, LACOMBE, JACOB LANDRY, MARTINEZ, MELERINE, OWEN, SCHAMERHORN, TAYLOR, TURNER, WILEY, AND WRIGHT A JOINT RESOLUTION Proposing to amend Article VII, Section 23(C) of the Constitution of Louisiana, relative to ad valorem property tax millage rate adjustments;
(Constitutional Amendment)Authorizesataxingauthorityto levy a millage at a rate lower than the maximum authorized rate under certain circumstances A JOINT RESOLUTION Proposing to amend Article VII, Section 23(C) of the Constitution of Louisiana, relative to ad valorem property tax millage rate adjustments;
Beit resolvedbytheLegislatureofLouisiana,two-thirdsofthemembers elected to each house concurring, that there shall be submitted to the electors of the state of Louisiana, for their approval or rejection in the manner provided by law, a proposal to amend Article VII, Section 23(C) of the Constitution of Louisiana, to read as follows:
BeitresolvedbytheLegislatureofLouisiana,two-thirdsofthemembers elected to each house concurring, that there shall be submitted to the electors of the state of Louisiana, for their approval or rejection in the manner provided by law, a proposal to amend Article VII, Section 23(C) of the Constitution of Louisiana, to read as follows:
Increases in the millage rate in excess of the ratesestablishedasprovidedbyParagraph(B)aboveofthisSectionbutnotinexcess Page 1 of 3 CODING:
Increases in the millage rate in excess of the ratesestablishedasprovidedbyParagraph(B)aboveofthisSectionbutnotinexcess of the prior year's maximum authorized millage rate approved by this constitution and approved by the taxing authority until the authorized millage rate expires may be levied bya two-thirds vote of the total membership of a taxing authoritywithout further voter approval but only after a public hearing held in accordance with the Page 1 of 2 CODING:
HLS 26RS-255 ENGROSSED HB NO.
HB NO.
521 of the prior year's maximum authorized millage rate approved by this constitution and approved by the taxing authority until the authorized millage rate expires may be levied bya two-thirds vote of the total membership of a taxing authority without further voter approval but only after a public hearing held in accordance with the open meetings law;
521 ENROLLED open meetings law;
Do you support an amendment to allow a local taxing authority to continue to levy a lower millage rate without losing its ability to adjust to the maximum authorized millage rate from a prior year's reassessment? (Effective January 1, 2027) (Amends Article VII, Section 23(C)) Page 2 of 3 CODING:
Do you support an amendment to allow a local taxing authority to continue to levy a lower millage rate without losing its ability to adjust to the maximum authorized millage rate from a prior year's reassessment? (Effective January 1, 2027) (Amends Article VII, Section 23(C)) SPEAKER OF THE HOUSE OF REPRESENTATIVES PRESIDENT OF THE SENATE Page 2 of 2 CODING:
Wordsinstruckthroughtypearedeletionsfromexistinglaw;wordsunderscored are additions.
HLS 26RS-255 ENGROSSED HB NO.
521 DIGEST ThedigestprintedbelowwaspreparedbyHouseLegislative Services.
It constitutes nopart of the legislative 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 521 Engrossed 2026 Regular Session Wilder Abstract:
Authorizes a local taxing authorityto levya lower millage rate without losing its ability to adjust to the prior year's maximum authorized millage rate.
Present constitution requires an automatic adjustment in ad valorem (property tax) millage rates in response to changes in the tax base resulting from reassessment or changes in the homestead exemption, with adjustments made to ensure tax revenue collected in the year after reappraisal is equal to the amount of tax revenue collected in the year prior to reappraisal.
Present constitution authorizes an increase in a millage rate up to the maximum authorized rate from the prior year's reassessment by a 2/3 vote of the total membership of the taxing authority without further voter approval.
Presentconstitutionadjuststhemaximumauthorizedratefromtheprioryear'sreassessment due to a statewide reassessment every four years or due to a change in the homestead exemption.
Further,presentconstitutionprovidesthat,ifataxingauthoritydoesnotincrease itsmillagerateuptothemaximumauthorizedratefromtheprioryear'sreassessmentbefore the next reassessment, the taxing authority permanently loses the ability to increase its millageratetothemaximumauthorizedratefromtheprioryear'sreassessmentinthefuture.
Proposed constitutional amendment allows a taxing authority to continue to levy a lower millage rate without subsequently losing its ability to adjust to the maximum authorized millage rate from a prior year's reassessment.
Effective Jan.
1, 2027, and applicable to all tax years beginning on or after Jan.
1, 2027.
Provides for submission of the proposed amendment to the voters at the statewide election to be held Nov.
3, 2026.
(Amends Const.
Art.
VII, §23(C)) Page 3 of 3 CODING:
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