HB 515 Louisiana House · 2026 Regular Session

PROPERTY/IMMOVABLE: Authorizes a political subdivision to sell certain adjudicated property directly to a buyer (EN SEE FISC NOTE LF RV See Note)

HB 515 allows local governments in Louisiana (like cities or parishes) to sell certain adjudicated properties without public bidding under two specific conditions. First, adjacent landowners who maintained the property for one year can buy it at any price set by the local government. Second, properties valued under $50,000 can be sold directly to any buyer at a fixed price set by the local government through a resolution or ordinance. This bill changes the standard requirement for public bidding for these limited property sales, directly affecting local governments and eligible buyers.

Bill status signed all 5 stages cleared

Introduction

Feb 2026

Committee Review

Apr 2026

House Passage

Apr 2026

Senate Passage

May 2026

Signed into Law

May 2026

Introduced Feb 26, 2026 Signed May 27, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

HB515 Original → HB515 Act · 3 edits

MINOR

This bill modifies the rules for how local governments can sell seized property. It adds a new option allowing authorities to sell low-value property (under $50,000) directly to a buyer without a public auction, provided the property was offered at public sale within the last year. The bill also updates the bill's title to reflect multiple sponsors and changes the final document status from 'Original' to 'Enrolled Act'.

Scope change

The bill expands the scope of property sales by creating a specific exception for low-value adjudicated property, allowing for a streamlined direct sale process that was previously unavailable.

ELIGIBILITY

Added an exception allowing the sale of adjudicated property with an appraised value under $50,000 directly to a buyer at a fixed price without public bidding.

REQUIREMENT

Modified the requirement for low-value direct sales to include a condition that the property must have been offered at a public sale within the previous twelve months.

TECHNICAL

Updated the bill header to list multiple representatives as sponsors and changed the document status to 'Enrolled Act No. 401'.

Floor votes · Senate May 11, 2026 · House Apr 13, 2026

How they voted

37–0

Passed · 3 other

Total votes 40

May 11, 2026

D Democratic12

10 Yea 2

83% Yea

R Republican28

27 Yea 1

96% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 11, 2026

Upper · Passed

Read by title, passed by a vote of 36 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

upper

Apr 28, 2026

Committee

Read by title and referred to the Legislative Bureau.

upper

Apr 27, 2026

Upper · Passed

Reported favorably.

upper

Apr 13, 2026

Lower · Passed

Read third time by title, roll called on final passage, yeas 85, nays 0. Finally passed, title adopted, ordered to the Senate.

lower

Apr 7, 2026

Lower · Passed

Reported with amendments (17-0).

lower

Mar 9, 2026

Committee

Read by title, under the rules, referred to the Committee on Ways and Means.

lower

Feb 26, 2026

Committee

Under the rules, provisionally referred to the Committee on Ways and Means.

lower

1 primary · 4 co-sponsors