Louisiana 2017 2017 Regular Session

Louisiana House Bill HB129 Introduced / Bill

                    HLS 17RS-789	ORIGINAL
2017 Regular Session
HOUSE BILL NO. 129
BY REPRESENTATIVE DAVIS
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
SUCCESSIONS:  Provides relative to small successions
1	AN ACT
2To amend and reenact Code of Civil Procedure Article 3421, relative to successions; to
3 provide for the definition of a small succession; and to provide for related matters.
4Be it enacted by the Legislature of Louisiana:
5 Section 1.  Code of Civil Procedure Article 3421 is hereby amended and reenacted
6to read as follows: 
7 Art. 3421.  Small successions defined
8	A small succession, within the meaning of this Title, is the succession or the
9 ancillary succession of a person who at any time has died leaving and the decedent's
10 property in Louisiana having has a gross value of seventy-five one hundred fifty
11 thousand dollars or less valued as of the date of death or, if the date of death occurred
12 at least twenty-five twenty years prior to the date of filing of a small succession
13 affidavit as authorized in this Title, leaving property in Louisiana of any value.
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 129 Original 2017 Regular Session	Davis
Abstract: Modifies the definition of a small succession. 
Present law provides that a decedent's property must have a gross value of $75,000 or less
to qualify as a small succession. 
Page 1 of 2
CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HLS 17RS-789	ORIGINAL
HB NO. 129
Proposed law increases the gross value of a decedent's property from $75,000 to $150,000
to qualify as a small succession. 
Present law also defines a small succession as a succession involving property of any value
if the filing of the small succession affidavit occurs at least 25 years after the date of the
decedent's death. 
Proposed law changes present law to define a small succession as property of any value if 
the filing of the small succession affidavit occurs at least 20 years after the date of the
decedent's death.
(Amends C.C.P. Art. 3421)
Page 2 of 2
CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.