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Property Tax Rate Limits Based on Existing Voter-Approved Maximums Amendment
Property Tax Rate Limits Based on Existing Voter-Approved Maximums Amendment
Louisiana · November 3, 2026
What this measure does
Authorize taxing authorities to levy a millage at a rate above the rate set by the previous year's assessment of the maximum amount of taxable property within each parish, but below the maximum permitted by the state constitution
A yes vote means
The parish gets more wiggle room to increase property taxes each year based on how much the total value of property in the area goes up.
A no vote means
Property tax rates stay locked into the old formula and can't adjust for changes in property values.
Simple explanation
Right now there's a cap on how much property tax the parish can collect based on last year's numbers. This measure lets them adjust that cap up a bit each year as properties get reassessed, kind of like how your paycheck might go up with inflation. They still can't go over what the state constitution allows, so there's still a ceiling.