The Senate Concurrent Resolution No. by Senator Cathey and various representatives establishes the Commission on the Equitable Distribution of Certain Ad Valorem Taxes in Louisiana. This commission is tasked with studying and recommending changes to the state's tax laws to ensure a more equitable distribution of assessed property values for ad valorem taxes, particularly concerning major movable properties owned by non-residents. Historically, since 1974, the assessed value of such properties has been allocated solely to East Baton Rouge Parish, prompting the need for a comprehensive analysis of the potential impacts of reallocating these values among all parishes in Louisiana.

The commission will consist of members from both the Senate and House of Representatives, as well as representatives from various associations, ensuring geographic and population diversity. It is required to submit a written report with recommendations for long-term changes to the legislature by March 31, 2025. The commission will also seek input from relevant stakeholders, including the Louisiana Tax Commission and local government associations. The commission is set to convene its first meeting by September 30, 2024, and will operate without compensation for its members, except for per diem or expense reimbursements. The commission will dissolve upon submitting its report or by June 30, 2025, whichever comes first.