The bill introduced by Senator Miller amends various sections of the Louisiana Revised Statutes concerning ad valorem taxes, focusing on the assessment, payment, and allocation processes. Key changes include the requirement for assessors to deliver tax rolls to the Louisiana Tax Commission and the legislative auditor, as well as the introduction of new definitions related to tax sales and delinquent obligations. The terminology is updated throughout the bill, replacing "ad valorem taxes" with "statutory impositions" and changing "tax sale" to "tax lien auction." The bill also clarifies the roles of tax assessors and collectors, mandates annual statements of millage rates, and establishes that tax rolls will act as a lien on assessed properties, taking precedence over other encumbrances.

Additionally, the bill outlines new procedures for tax lien auctions, including notification processes for tax debtors and the rights of tax lien certificate holders. It allows for online bidding and specifies the auction timeline, while also prohibiting tax collectors and assessors from purchasing properties at these auctions to avoid conflicts of interest. The legislation aims to streamline tax collection processes, enhance taxpayer protections, and ensure compliance with legal requirements. The provisions will take effect for taxable periods beginning on or after January 1, 2026, contingent upon the adoption of a proposed constitutional amendment regarding liens and privileges for nonpayment of taxes in a statewide election prior to December 7, 2024.

Statutes affected:
SB505 Original: 47:2202(A)
SB505 Engrossed: 47:2202(A)
SB505 Reengrossed: 47:2202(A)
SB505 Enrolled: 47:2202(A)
SB505 Act : 47:2202(A)