Housing

HB 214 is a proposed constitutional amendment (not yet enacted) that would allow Louisiana property owners to qualify for an optional property tax exemption on blighted or derelict properties after rehabilitation. It requires the legislature to define terms like "blighted property" and establish rules for the exemption, including its duration and administration. The exemption would apply to tax years starting January 1, 2027, if approved by voters in November 2026. This change directly affects property owners who rehabilitate eligible properties and local governments that would administer the program.