Budget & Taxes (Tax Incentives) in Louisiana

signed · Louisiana · House May 11, 2026

HB 1179: TAX/AD VALOREM-MFG/EXEMP: Extends eligibility for the ad valorem tax exemption for certain manufacturing establishments to certain aerospace manufacturing establishments (EN SEE FISC NOTE LF RV See Note)

This bill expands a property tax exemption to include specific aerospace manufacturing facilities that were previously only available to other types of manufacturers. By updating the relevant state statute from Section 1703.2 to Section 1703.4, the legislation allows these aerospace companies to qualify for reduced ad valorem taxes on their real estate and equipment. The change is designed to provide financial relief to aerospace businesses by lowering their annual property tax bills, while leaving the existing rules for other manufacturing sectors unchanged.

Topics ✓ Budget & Taxes

Sub-Topics Business Taxes Property Tax Tax Incentives

in committee · Louisiana · House Apr 1, 2026

HB 1178: ECONOMIC DEVELOPMENT: Provides relative to the Major Events Incentive Program (OR SEE FISC NOTE GF EX)

This bill amends Louisiana state law to update the list of events eligible for the Major Events Incentive Program. Specifically, it adds the French Quarter Festival and the Fried Chicken Festival to the definition of a qualified major event. By including these festivals, organizers may become eligible for financial incentives provided through the state's economic development fund. The legislation was referred to the Committee on Appropriations for further review.

Topics ✓ Budget & Taxes

Sub-Topics State Budget Tax Incentives Tags Economic Development

in committee · Louisiana · House Apr 1, 2026

HB 1124: TAX/AD VALOREM-EXEMPTION: Provides relative to an optional exemption of business inventory from ad valorem taxes and a partial exemption for that property based on fair market value adjustments (OR SEE FISC NOTE SD EX)

This bill allows Louisiana parishes to choose between two tax relief options for business inventory: a full exemption over up to seven years with state compensation, or a partial exemption that reduces the percentage of fair market value used to calculate taxes. Parishes that elect the full exemption would receive state payments equal to the greater of taxes collected on business inventory in 2026 or $500,000, capped at $10 million. The partial exemption option requires written agreements between local officials to reduce the tax valuation percentage, which must be submitted to the Louisiana Tax Commission. These changes would apply to property tax years beginning on or after January 1, 2026, affecting businesses that hold inventory subject to ad valorem taxes.

Topics ✓ Budget & Taxes

Sub-Topics Property Tax Sales Tax Tax Incentives

signed · Louisiana · Senate May 15, 2026

SB 442: TAX/LOCAL: Provides for a local sales and use tax exemption in Calcasieu Parish for the furnishing of repairs to certain aircraft. (7/1/26) (EN SEE FISC NOTE LF RV See Note)

This bill creates a sales and use tax exemption for aircraft repair services in Calcasieu Parish, Louisiana. It directly affects businesses that perform repairs, modifications, overhauls, or upgrades on aircraft registered outside of Louisiana. The exemption only applies when repairs are done at specific airports meeting strict infrastructure requirements, including a runway at least 10,700 feet long, 200 feet wide, and with concrete at least 17 inches thick. The changes will take effect on July 1, 2026, and apply only to local taxes levied by Calcasieu Parish authorities.

Topics ✓ Budget & Taxes ✓ Transportation

Sub-Topics Sales Tax Tax Incentives Airports

signed · Louisiana · House May 29, 2026

HB 961: TAX/AD VALOREM TAX: Extends eligibility to certain trusts for an ad valorem tax exemption for a property owner who is at least sixty-five years of age or older (EN SEE FISC NOTE LF RV See Note)

This bill modifies the eligibility criteria for property tax exemptions available to seniors in Louisiana. It allows certain trusts to qualify for ad valorem tax exemptions on behalf of property owners who are at least sixty-five years old or older. The amendment specifically updates the legal reference to align with the Regular Session of the legislature. This change directly affects elderly homeowners and their trust arrangements, potentially reducing their property tax burden. The bill does not alter the fundamental structure of the exemption but adjusts the procedural language governing its application.

Topics ✓ Budget & Taxes ✓ Housing

Sub-Topics Property Tax Tax Incentives Landlords Property Taxes

in committee · Louisiana · House Apr 13, 2026

HB 614: TAX/TAX REBATES: Authorizes a rebate of state sales taxes paid by businesses on lodging and meals for persons performing disaster or emergency-related work (EG -$55,000 GF RV See Note)

HB 614 creates a state sales tax rebate for businesses that pay sales tax on lodging and meals for workers performing disaster or emergency response work during a declared state disaster. It directly affects qualifying businesses deploying personnel to disaster sites, allowing them to reclaim the actual sales tax paid on these purchases. To claim the rebate, businesses must apply to the Department of Revenue with proof of tax paid, and the rebate expires on January 1, 2032. The bill provides clear eligibility rules and application procedures without specifying a rebate amount or percentage.

Topics ✓ Budget & Taxes

Sub-Topics Business Taxes Sales Tax Tax Incentives

signed · Louisiana · Senate May 13, 2026

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)

SB 180 proposes a constitutional amendment allowing surviving spouses of disabled veterans to transfer their property tax exemption to a new homestead property. Specifically, if a veteran with a service-connected disability (rated 50% or higher by the VA) received an expanded property tax exemption, their surviving spouse can transfer that exemption to a new home they own and occupy - once, and limited to the value claimed on the previous home. The exemption applies to properties where the veteran’s disability rating was 50%-70% (covering $10,000 in value), 70%-100% (covering $12,000), or 100% (covering all value beyond the homestead exemption). The transfer requires verification by the property assessor and is effective January 1, 2027, pending voter approval.

Topics ✓ Budget & Taxes ✓ Veterans

Sub-Topics Property Tax Tax Incentives Veteran Healthcare

in committee · Louisiana · House Mar 9, 2026

HB 543: TAX EXEMPTIONS/HOMESTEAD: Provides relative to the homestead exemption (OR SEE FISC NOTE LF RV)

HB 543 would increase the homestead property tax exemption in Louisiana from $5,000 to $7,500 of assessed value for qualifying homeowners, effective January 1, 2027, if a related constitutional amendment passes in a statewide election. It also provides residential lessees with a tax credit equal to the tax on $7,500 of assessed value (capped at their actual tax bill), but only if they do not qualify for the homestead exemption themselves. The bill directly affects homeowners who claim homestead status and residential renters in Louisiana. The exemption amount change applies statewide, with historical adjustments for Orleans Parish noted in the text. The bill’s implementation is contingent on voter approval of a constitutional amendment, as specified in Section 2.

Topics ✓ Budget & Taxes ✓ Housing

Sub-Topics Property Tax Tax Credits Tax Incentives Property Taxes

signed · Louisiana · House May 29, 2026

HB 217: TAX/AD VALOREM-EXEMPTION: Authorizes an optional property tax exemption for blighted or derelict properties that have been rehabilitated and provides with respect to local redevelopment plans (EN SEE FISC NOTE LF RV See Note)

HB 217 allows Louisiana parishes to optionally offer property tax exemptions for blighted or derelict properties that have been rehabilitated. If a parish adopts this exemption, it would provide up to 75% tax relief on residential properties for up to 20 years, or up to 25% relief on adjacent unimproved land for up to 10 years, subject to specific rehabilitation standards. Parishes must establish application processes, approval criteria, and revocation rules for property owners who hold title to qualifying rehabilitated properties. The exemption applies only to properties meeting the bill's definitions of "blighted" (court-declared public nuisance) or "derelict" (structurally unsafe, fire hazards, or dangerous conditions). The policy would take effect for tax years starting January 1, 2027, pending a constitutional amendment approval.

Topics ✓ Budget & Taxes ✓ Housing

Sub-Topics Property Tax Tax Incentives Community Development Property Taxes

in committee · Louisiana · House Mar 9, 2026

HB 440: TAX EXEMPTIONS/HOMESTEAD: (Constitutional Amendment) Authorizes a parish governing authority to increase the amount of the homestead exemption (OR SEE FISC NOTE LF RV)

HB 440 proposes a constitutional amendment to allow Louisiana parishes to increase the homestead property tax exemption from $7,500 to a maximum of $12,500 per home. It directly affects homeowners in parishes that choose to approve such increases through their local governing authorities. The bill would maintain existing exemptions for veterans (with disability ratings of 50%+) and first responders (who get an additional $2,500 exemption), while enabling parishes to add up to $5,000 more to the standard homestead exemption. The change requires voter approval and would take effect for 2027 property taxes.

Topics ✓ Budget & Taxes ✓ Housing

Sub-Topics Property Tax Tax Incentives Property Taxes

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