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TAXES

BILL NAME

AUTHOR

PROGRESS

HB 206: (CA) Authorizes local governments to increase the amount of the homestead exemption

Highlights

Authorizes an increase of the amount of the homestead exemption by a parish governing authority with voter approval. Allows for an increase in the exemption amount not to exceed $25,000 of the assessed value. Present constitution authorizes the levy of ad valorem taxes on property within La.

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For more information on this bill or to learn more about its author, visit the Legislature’s page here.

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