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 504 Original 2020 Regular Session Hilferty
Abstract: Requires the assessor in each parish to reappraise and value all of the property subject
to taxation in a parish in the same year within the four-year interval.
Present constitution requires property subject to ad valorem taxes to be listed on the assessment roles
at its assessed value which is a percentage of its fair market value. Requires all property subject to
taxation to be reappraised and valued at intervals of not more than four years.
Proposed constitutional amendment retains the present constitution but specifies that, for purposes
of reappraisal of property provided for in the present constitution, the assessor in each parish is
required to reappraise and value all of the property subject to taxation in a parish in the same year
within the four-year interval. Proposed constitutional amendment prohibits an assessor from
reappraising and valuing only a portion of the property subject to taxation in a parish each year
within the four-year interval.
Provides for submission of the proposed amendment to the voters at the statewide election to be held
Nov. 3, 2020.
(Amends Const. Art. VII, ยง18(F)(1))