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)]
HB 78 Original 2015 Regular Session Seabaugh
Abstract: Removes the income limit for purposes of qualifying for the special assessment level on
property subject to ad valorem tax.
Present constitution requires the assessment of property subject to ad valorem tax and provides for
the percentages of valuation for each classification of property to be assessed. Further provides for
a special assessment level for residential property receiving the homestead exemption if the owner
meets both an income requirement and other specific qualifications. The income limitation is a
combined annual federal adjusted gross income of no more than $50,000, adjusted annually by the
Consumer Price Index. The 2014 income level for qualification of the special assessment level was
$70,484 (2015 amount for Orleans Parish).
Proposed constitutional amendment changes present constitution by removing the income limit for
purposes of qualifying for the special assessment level.
Effective Jan. 1, 2016, and is applicable to taxable years beginning on and after such date.
Provides for submission of the proposed amendment to the voters at the statewide election to be held
Oct. 24, 2015.
(Amends Article VII, ยง18(G)(1)(a)(ii), (iii), and (iv))