LEGISLATIVE FISCAL OFFICE
Fiscal Note
Fiscal Note On: SB 119 SLS 24RS 214
Bill Text Version: ENROLLED
Opp. Chamb. Action:
Proposed Amd.:
Sub. Bill For.:
Date: June 3, 2024 5:13 PM Author: MILLER, G.
Dept./Agy.: Local ad valorem taxing jurisdictions
Subject: Removes most tax sale provisions from constitution Analyst: Deborah Vivien
TAX/AD VALOREM EN SEE FISC NOTE LF RV See Note Page 1 of 1
Constitutional amendment that provides relative to tax sales. (2/3-CA13s1(A))
Current constitution provides for administration, enforcement and notification of ad valorem taxes and other impositions on
immovable property, including tax sales for delinquent taxes. Current constitution allows the legislature to postpone
payment of taxes due only in cases of overflow, general conflagration, general crop destruction or other public calamity.
Proposed constitution repeals numerous portions related to tax sales and directs the legislature to provide by law for
administration regarding interest up to 1% simple interest per month and penalty limits up to 5%, authority of the collector
to waive interest and penalties, redemptive period, and a procedure for claiming excess proceeds from the sale of property.
Proposed constitution repeals circumstances required for the legislature to postpone payment of ad valorem taxes due and
authorizes the legislature to postpone ad valorem taxes due only in the event of the governor or parish president declaring
an emergency pursuant to the LA Homeland Security and Emergency Assistance and Disaster Act. Effective 1/1/26 upon
voter approval of a constitutional amendment authorizing tax lien sales before 12/7/24 or SB119 of 24RS on 12/7/24.
EXPENDITURES 2024-25 2025-26 2026-27 2027-28 2028-29 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds SEE BELOW SEE BELOW SEE BELOW SEE BELOW SEE BELOW
Annual Total
REVENUES 2024-25 2025-26 2026-27 2027-28 2028-29 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds SEE BELOW SEE BELOW SEE BELOW SEE BELOW SEE BELOW
Annual Total
EXPENDITURE EXPLANATION
The bill removes certain ad valorem tax provisions from the Constitution and directs the legislature to address these same
issues in statute (see SB 505 of 24RS, which is a substitute of SB 393, and is contingent on this bill). Interest and penalty
limits, paid by the debtor, remain in the constitution at current rates.
The LFO has reached out to or been in communication with multiple associations and agencies representing local
governmental entities. To this point, many have been either non-responsive or unable to predict specific fiscal impacts that
may result from adoption of the provisions included in the bill.
REVENUE EXPLANATION
The bill removes certain ad valorem tax provisions from the Constitution and directs the legislature to address these same
issues in statute (SB 505 of 24RS, which is a substitute of SB 393, and is contingent on this bill). Interest and penalty limits,
paid by the debtor, remain in the constitution at current rates.
The LFO has reached out to or been in communication with multiple associations and agencies representing local
governmental entities. To this point, many have been either non-responsive or unable to predict specific fiscal impacts that
may result from adoption of the provisions included in the bill.
Senate Dual Referral Rules House
13.5.1 >= $100,000 Annual Fiscal Cost {S & H} 6.8(F)(1) >= $100,000 SGF Fiscal Cost {H & S}
Alan M. Boxberger
13.5.2 >= $500,000 Annual Tax or Fee 6.8(G) >= $500,000 Tax or Fee Increase
Change {S & H} or a Net Fee Decrease {S} Legislative Fiscal Officer