Constitutional amendment to authorize the local governing authority of each parish to provide a limited ad valorem tax exemption for qualified first responders. (2/3 - CA13s1(A)) (EN DECREASE LF RV See Note)
Impact
If enacted, SB 127 would amend Article VII, Section 21(O) of the Louisiana constitution, allowing each parish to individually approve such exemptions. The legislation mandates that local tax assessors establish a procedure for first responders to apply for the exemption, thus formalizing an additional layer of administrative requirements. A significant aspect of this amendment is the stipulation that any revenue loss due to these exemptions must be absorbed by the taxing authority, which may impact local budgets and future tax assessments.
Summary
Senate Bill 127 proposes a constitutional amendment to allow local governing authorities in Louisiana to grant a limited ad valorem tax exemption to qualified first responders. The bill specifies that this exemption can be up to $2,500 for property already qualifying for the homestead exemption, which applies to the first $7,500 of residential property valuation. The proposal defines 'first responders' broadly to include peace officers, firefighters, emergency medical personnel, and emergency dispatchers, all of whom must also reside in the same parish as their employer to qualify for the exemption.
Sentiment
The sentiment surrounding SB 127 appears to be generally supportive, especially among lawmakers emphasizing the importance of recognizing and supporting first responders. Advocates argue that the bill is a way to honor the critical roles these workers play in community safety and wellbeing. However, there could be concerns about the financial implications for local governments, particularly regarding how revenue shortfalls may affect municipal services.
Contention
Notable points of contention may arise concerning the exemptions' financial impact on local governments and how it integrates into existing tax structures. There are existing exemptions for certain veterans, and SB 127 specifies that they would be ineligible for this new exemption. This raises questions about equity among different groups receiving tax relief and the potential administrative burden placed on local tax offices.
Constitutional amendment to authorize the local governing authority of a parish to provide an increase to the homestead exemption. (2/3-CA13s1(A)) (OR SEE FISC NOTE LF RV)
Constitutional amendment to authorize ad valorem tax exemptions in Orleans Parish to promote affordable housing. (2/3 - CA13s1(A)) (EN DECREASE LF RV See Note)
(Constitutional Amendment) Authorizes the governing authority for the city of New Orleans or Orleans Parish to reduce a portion of ad valorem tax exemptions for municipal taxes (OR +$2,150,000 LF RV See Note)
Constitutional amendment to authorize local taxing authorities to enter into cooperative endeavor agreements to negotiate stipulated tax payments of ad valorem taxes. (2/3-CA13s1(A)) (OR SEE FISC NOTE LF RV)
Constitutional amendment to authorize local economic development authorities or districts to enter into contracts to exempt offshore vessels from ad valorem taxation. (2/3 - CA13s1(A)) (RE1 SEE FISC NOTE LF RV See Note)
Constitutional amendment to authorize the phase-in of increases in ad valorem taxation under certain circumstances. (2/3 - CA13s1(A)) (RE1 SEE FISC NOTE LF RV See Note)