SB 180 — TAX EXEMPTIONS: Authorizes the surviving spouse of a deceased veteran with a service connected disability who receives an expanded property tax exemption to transfer the exemption under certain circumstances. (2/3-CA13s1(A)) (1/1/27) (EN SEE FISC NOTE LF RV See Note)

SLS 26RS-293 ENGROSSED Regular Session ENROLLED SENATE BILL NO.

180 BY SENATOR FOIL TAXEXEMPTIONS.A JOINT RESOLUTION Proposing to amend Article VII, Section 21(K)(1) of the Constitution of Louisiana, relative to ad valorem tax exemptions;

Authorizes thesurviving spouse of a deceasedveteranwith aservice connected disability who receives an expanded property tax exemption to transfer the exemption under certain circumstances.

(2/3-CA13s1(A)) (1/1/27) A JOINT RESOLUTION Proposing to amend Article VII, Section 21(K)(1) of the Constitution of Louisiana, relative to ad valorem tax exemptions;

* * * (K)(1)(a)In addition to the homestead exemption authorized pursuant to the provisionsofSection20ofthisArticle,whichappliestothefirstseventhousandfive hundred dollars of the assessed valuation of property, the next two thousand five hundred dollars of the assessed valuation of property receiving the homestead exemption that is owned and occupied by a veteran with a service-connected Page 1 of 54 Coding:

SLS 26RS-293 ENGROSSED SB NO.

180 provisionsofSection20ofthisArticle,whichappliestothefirstseventhousandfiveENROLLED hundred dollars of the assessed valuation of property, the next two thousand five hundred dollars of the assessed valuation of property receiving the homestead exemption that is owned and occupied by a veteran with a service-connected disability rating of fiftypercentfifty percent or more but less than seventyseventypercent percent bythe United States Department of Veterans Affairs shall be exempt from ad valorem taxation.

(b) In addition to the homestead exemption authorized pursuant to the provisionsofSection20ofthisArticle,whichappliestothefirstseventhousandfive hundred dollars of the assessed valuation of property, the next four thousand five hundred dollars of the assessed valuation of property owned and occupied by a veteranwithaservice-connecteddisabilityratingofseventypercentormorebutless than one hundred percentbythe United States DepartmentDepartmentof ofVeteransAffairs Veteransshall Affairsshall be exempt from ad valorem taxation.

(c) In addition to the homestead exemption authorized pursuant to the provisionsofSection20ofthisArticle,whichappliestothefirstseventhousandfive hundred dollars of the assessed valuation of property, the remaining assessed valuationofpropertyreceivingthehomesteadexemptionthatisownedandoccupied by a veteran with a service-connected disability rating of one hundred percent Page 2 of 54 Coding:

SLS 26RS-293 ENGROSSED SB NO.

180 (c)ENROLLED In addition to the homestead exemption authorized pursuant to the provisionsofSection20ofthisArticle,whichappliestothefirstseventhousandfive hundred dollars of the assessed valuation of property, the remaining assessed valuationofpropertyreceivingthehomesteadexemptionthatisownedandoccupied by a veteran with a service-connected disability rating of one hundred percent unemployability or totally disabled by the United States Department of Veterans Affairs shall be exempt from ad valorem taxation.

(d) Once a surviving spouse of a deceased veteran with a service-connected disability is eligible for and has taken the exemption, if the surviving spouse then acquires a different property which qualifies for the homestead exemption, the surviving spouse shall be entitled to a one-time transfer of the exemption onto that subsequent homestead, the exemption being limitedinvaluetotheamountoftheexemptionclaimedonthepriorhomestead inthelastyearforwhichin theexemptionthelastyearforwhichtheexemption was claimed.The assessormayrequire the submission of certaininformationcertain information concerning the amount of thetheexemption exemption onthepriorhomesteadforpurposesofdeterminingtheextentoftheexemption available for the subsequent homestead.

Be it furtherresolvedthattheprovisionsfurtherresolved ofthat thistheprovisions amendmentofthisamendmentshall shall become effectiveJanuary1, 2027, and shallapplytoshall applyto all taxable years beginningbeginningon on January1, 2027.

BeBeit it furtherresolved that this proposed amendmentshallamendment besubmittedshall be submitted to the electors of the state of Louisiana at the statewide election to be held on November 3, 2026.

Be it further resolved that on the official ballot to be used at said election Pagethere 3shall be printed a proposition, upon which the electors of 5the Coding:state shall be permitted to voteYES orNO,to amendtheConstitution of Louisiana, which proposition shall readas follows:

Do you support an amendment to allow the surviving spouse of a deceased veteran with a service-connected disability, who receives the additional property tax exemption, to make a one-time transfer of the additional Page 3 of 4 Coding:

SLS 26RS-293 ENGROSSED SB NO.

180 thereENROLLED shallproperty betax printedexemption to a proposition,subsequent uponqualifying whichproperty? the(Effective electorsJanuary of1, the2027) state(Amends shallArticle beVII, permittedSection to21(K)(1)) voteYESPRESIDENT orNO,OF toTHE amendSENATE theSPEAKER ConstitutionOF ofLouisiana,whichpropositionTHE shallHOUSE readasOF follows:REPRESENTATIVES Page 4 of 4 Coding:

Do you support an amendment authorizing the surviving spouse of a deceased veteran with a service-connected disability, who receives an expanded property tax exemption, to make a one-time transfer of the exemption to a subsequent property that qualifies as their homestead? (Effective January 1, 2027) (Amends Article VII, Section 21(K)(1)) The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared bySenate Legislative Services.

The keyword, summary, 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)] DIGEST SB 180 Engrossed 2026 Regular Session Foil Present constitution provides that, in addition to the homestead exemption which applies to the first $7,500 of the assessed valuation of property, property receiving the homestead exemption which is owned and occupied by a veteran with a service-connected disability ratingbytheU.S.Dept.ofVeteransAffairsshallbeexemptfromadvaloremtax asfollows:

(1) For a veteran with a disability rating of 50% or more but less than 70%, the next $2,500 of the assessed valuation of the property shall be exempt.

Provides that if property eligible for the exemption has an assessed value in excess of $10,000, ad valorem property taxes shall apply to the assessment in excess of $10,000.

(2) For a veteran with a disability rating of 70% or more but less than 100%, the next $4,500 of the assessed valuation of the property shall be exempt.

Provides that if property eligible for the exemption has an assessed value in excess of $12,000, ad valorem property taxes shall apply to the assessment in excess of $12,000.

(3) For a veteran with a disability rating of 100% unemployability or totally disabled, the total assessed valuation of the propertyshall be exempt.

Proposed constitutional amendment retains present constitution.

Present constitution provides that the surviving spouse of a deceased disabled veteran with a service-connected disability rating by the U.S.

Dept.

of Veterans Affairs shall be eligible for this exemption if the surviving spouse occupies and remains the owner of the property, whether or not the exemption was in effect on the propertyprior to the death of the veteran.

Proposed constitutional amendment removes requirement that the surviving spouse occupy and remain the owner of the propertyand otherwise retains present constitution.

Proposed constitutional amendment provides that once the surviving spouse of a deceased disabled veteran with a service-connected disability is eligible for and has taken the exemption, if the survivingspousethenacquiresadifferentpropertywhich qualifies for the Page 4 of 5 Coding:

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

SLS 26RS-293 ENGROSSED SB NO.

180 homestead exemption, the surviving spouse shall be entitled to a one-time transfer of the exemption on that subsequent homestead.

The exemption shall be limited in value to the amount of the exemption claimed on the prior homestead in the last year for which the exemption was claimed.

Proposedconstitutionalamendmentpermitstheassessortorequirethesubmissionofcertain information concerning the amount of the exemption on the prior homestead for purposes of determining the extent of the exemption available for the subsequent homestead.

Proposed constitutional amendment is applicable to taxable years beginning on or after January 1, 2027.