Louisiana Extends Property Tax Exemption to Certain Trusts

The Louisiana Governor signed a law that includes extending eligibility to certain trusts for an ad valorem property tax exemption for property owners who are at least 65 years of age or older. The law takes effect on Jan. 1, 2028, contingent upon the approval of the proposed constitutional amendment contained in H.B. 514 of the 2026 Regular Session of the legislature. [H.B. 961, enacted 05/29/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.