Louisiana Legislature returns two constitutional amendments to 2022 ballot regarding property taxes – Ballotpedia News
On May 24, the Louisiana State Legislature returned two constitutional amendments to the ballot in the November 8 general election, bringing the total number of measures currently certified for the ballot to seven.
An amendment would remove the requirement to recertify the income of homeowners who are permanently and totally disabled each year in order to retain their special tax level for property taxes.
The Louisiana Constitution provides for a special assessment level that limits a property’s total assessment from rising above the assessment level during the first year that a homeowner receives the special assessment level. The special assessment level is available to homeowners with homeownership exemption who are:
- 65 or older;
- veterans with a service-related disability rating of 50% or greater;
- members of the United States or Louisiana National Guard who have been killed or missing in action or who have been prisoners of war for 90 days or more; Where
- determined by a court or state or federal agency to be permanently and totally disabled.
A person receiving the special assessment level cannot have an adjusted gross income greater than $100,000. The $100,000 income limit was to be adjusted annually by the Consumer Price Index beginning in 2026. For those who are married and filing separately, the adjusted gross income is determined by the incomes of both individuals. Proprietors receiving the special tax level, except those aged 65 and over, must annually certify their income for the previous tax year to the parish assessor.
The other amendment would expand property tax exemptions for disabled veterans and their surviving spouses. In Louisiana, properties are assessed at 10% of fair market value. The Louisiana Homestead Exemption exempts the first $7,500 of assessed value from property taxes. Disabled veterans with a 100% disability rating may qualify for an additional $7,500 exemption, meaning the first $15,000 of their property’s assessed value is exempt from property taxes.
Under the amendment, veterans with a service-related disability rating of 50% or greater (but less than 70%) would receive an additional $2,500 exemption of assessed value after the first exemption from $7,500 of property tax on the property, which would bring their total exemption to $10,000. . Veterans with a service-related disability rating of 70% or more (but less than 100%) would receive an additional exemption of $4,500, bringing their total exemption to $12,000. The total assessed value of a property owned by a veteran who is totally disabled or who is classified as 100% unemployable by the US Department of Veterans Affairs would be exempt from property taxes.
Property tax exemptions would be extended to the surviving spouse of a deceased disabled veteran, whether or not the exemption was claimed on the property prior to the veteran’s death.
The amendment would provide that tax revenue lost due to increased property tax exemptions would be absorbed by the local taxing authority and would not create additional taxes for other ratepayers in future reassessments or mileage adjustments. .
The Louisiana state legislature can return additional constitutional amendments to the ballot in its 2022 legislative session, which is due to end on June 6. The Legislature returned five constitutional amendments to a ballot during its 2021 legislative session. The measures would have the following effects:
- provide for the adjustment of ad valorem tax rates by a taxing authority up to the maximum rate approved by the constitution until the expiration of the permitted rate;
- allow local governments to waive water charges for customers if the damage is not caused by the customer;
- limit the increase in the assessed value of a residential property in the Parish of Orléans to 10% of the assessed value of the property over the previous year;
- increase to 65% the maximum amount of certain public funds authorized to be invested in equities; and
- allow classified service/civil service employees to publicly support the election campaigns of their immediate family members when off duty.
Over the 20-year period between 2000 and 2020, the statewide ballot in Louisiana featured 104 constitutional amendments. On average, 10 amendments appeared on the ballot, and the number of amendments on the ballot ranged from four to 21. Voters approved 71.15% (74 of 104) and rejected 28.85% ( 30 of 104) constitutional amendments.