HB214

Louisiana HB214 proposes a constitutional amendment to allow property tax exemptions for rehabilitated blighted or derelict properties.

HB214 proposes a constitutional amendment to authorize a property tax exemption for blighted or derelict properties that have been rehabilitated. The amendment requires the legislature to enact laws defining terms and establishing conditions, requirements, and procedures for administering the exemption. Effective January 1, 2027, the amendment will apply to all tax years beginning on or after that date.