Louisiana Legislature Passes Joint Resolution Proposing Constitutional Amendment Regarding Ad Valorem Property Tax Sales

The Louisiana legislature passed a joint resolution proposing to amend the state constitution regarding ad valorem property tax sales. The proposed constitutional amendment removes certain ad valorem tax provisions from the Constitution and directs the legislature to address these same issues by statute. If passed by voters, the amendment will take effect on Jan. 1, 2026. [S.B. 119, enacted 06/03/24]

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