HLS 10RS-5969 ORIGINAL Page 1 of 2 Approved 6-21-10 Regular Session, 2010 HOUSE STUDY REQUEST NO. 11 BY REPRESENTATIVE MONICA TAX/AD VALOREM TAX: Urges and requests the House Committee on Ways and Means to study issues relating to property assessments for purposes of ad valorem property taxes A STUDY REQUEST1 To the House Committee on Ways and Means to study issues relating to property2 assessments for purposes of ad valorem property taxes and to report its findings to3 the House of Representatives prior to the convening of the 2011 Regular Session of4 the Legislature of Louisiana.5 WHEREAS, most Louisiana taxpayers have experienced increases in their annual6 property tax bill, which increases were due to changes in property assessments; and 7 WHEREAS, in some parishes, certain tax bills nearly doubled in the year after the8 2008 statewide reassessment; and 9 WHEREAS, the methods of valuation used in the assessment of property are10 established by law; and 11 WHEREAS, the imposition of a limit on the amount by which a taxpayer's property12 taxes can increase in one year is a policy option worthy of study. 13 THEREFORE, the House of Representatives of the Legislature of Louisiana requests14 the House Committee on Ways and Means to study issues relating to property assessments15 for purposes of ad valorem property taxes and to report its findings to the House of16 Representatives prior to the convening of the 2011 Regular Session of the Legislature of17 Louisiana. 18 HLS 10RS-5969 ORIGINAL HSR NO. 11 Page 2 of 2 DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] Monica HSR No. 11 Urges and requests that the House Committee on Ways and Means study issues relating to property assessments for purposes of ad valorem property taxes and to report its findings to the House of Representatives prior to the convening of the 2011 R.S.