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HB 514

TAX/AD VALOREM-EXEMPTION: (Constitutional Amendment) Authorizes an additional ad valorem tax exemption for certain property owners aged sixty-five and older (EN SEE FISC NOTE LF RV See Note)

2026 Regular Session Introduced by Tehmi Chassion and 1 co-sponsor

Louisiana constitutional amendment adding supplemental property tax exemption for residents 65+ to reduce senior tax burdens on fixed incomes.

Enrolled and signed by the Speaker of the House.
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Bill Summary · HB 514

Legislative bill overview

HB 514 proposes a constitutional amendment in Louisiana that would create an additional ad valorem (property) tax exemption for homeowners aged 65 and older. This exemption would be separate from any existing tax breaks these seniors currently receive, potentially reducing their annual property tax obligations based on their home's assessed value.

Why is this important

Property taxes are a significant expense for retirees on fixed incomes, and this exemption could provide meaningful financial relief to seniors. The fiscal impact depends on the exemption's scope—how much property value would be exempted and how many seniors qualify—which directly affects state and local tax revenues used for schools, infrastructure, and services.

Potential points of contention

  • Revenue loss: The exemption reduces funding for local schools, parishes, and municipalities, potentially requiring service cuts or alternative revenue sources
  • Scope ambiguity: The bill references a fiscal note without clear details on the exemption amount, eligibility criteria (homestead only? primary residence?), and projected costs
  • Equity concerns: Questions about whether broad senior exemptions are regressive, shifting tax burdens to younger property owners and renters who subsidize services
  • Implementation complexity: Adding another exemption layer to ad valorem systems increases administrative burden for assessment offices

Compiled from official sources — confirm details with the bill’s official record.

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