TAX/AD VALOREM: Constitutional Amendment to authorize a parish governing authority to increase the homestead exemption. (2/3- CA13s1(A))(1/1/27) (OR SEE FISC NOTE LF RV)

This Louisiana constitutional amendment bill proposes changing the state constitution to allow parishes to increase the homestead property tax exemption cap from $7,500 to $12,500 for qualifying homeowners. The exemption applies to primary residences, including mobile homes, covering up to $12,500 of a property's assessed value, with parishes setting the exact amount within that limit. If approved by voters in the November 2026 election, the change would take effect January 1, 2027.