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 343 Original 2025 Regular Session Davis
Abstract: Provides an exception to homestead exemption for unpaid or accelerated assessments
collected made by a condominium association.
Present law (R.S. 20:1) provides exceptions to the homestead exemption which includes:
(1) The purchase price of property or any part of such purchase price.
(2) Labor, money, and material furnished for building, repairing, or improving the homestead.
(3) Liabilities incurred by any public officer, fiduciary, or any attorney at law for money
collected or received on deposits.
(4) Taxes or assessments.
(5) Rent which bears a privilege upon said property.
(6)Amounts which may be due on a homestead or building and loan association for a loan made
by it on the security of the property.
(7) Amounts which may be due for money advanced on the security of a mortgage on said
property.
(8) Any obligation arising from the conviction of a felony or misdemeanor which has the
possibility of imprisonment of at least six months.
Proposed law adds to the exceptions for homestead exemption any unpaid or accelerated assessments
by an association subject to the La. Condominium Act collected by the association on a regular basis
for routine expenditures used for the protection, improvement, and maintenance of the association's
common elements and associated property.
(Adds R.S. 20:1(C)(9))