Senate Bill No. SLS 25RS-113, introduced by Senator Miller, seeks to amend various sections of the Louisiana Revised Statutes concerning ad valorem taxes, with an effective date of January 1, 2026. The bill introduces new definitions, such as "tax lien" and "tax lien certificate holder," and establishes that delinquent statutory impositions will accrue interest at a rate of one percent per month on a non-compounding basis until paid or until a tax lien certificate is issued. It also modifies notification requirements for tax debtors, ensuring they receive written notice of amounts owed and the consequences of non-payment, while clarifying the priority of tax liens over other encumbrances. Additionally, the bill allows tax collectors to accept partial payments and specifies the time frame for conducting sales of movable property for delinquent taxes.

Further amendments include updates to the procedures for tax lien auctions, requiring written notices to tax debtors and allowing competitive bidding to reduce interest rates on tax liens. The bill clarifies the responsibilities of tax lien certificate holders, including the requirement to send notices to affected parties and the ability to recover reasonable costs incurred. It also addresses the sale and donation of property by political subdivisions, changing terminology and establishing responsibilities for recordation and associated fees. Overall, the bill aims to streamline the tax collection process, enhance clarity regarding tax-related obligations, and protect the rights of property owners and tax debtors in Louisiana.

Statutes affected:
SB55 Original: 47:2145(E), 47:2153(A), 47:2154(A), 47:2243(A), 47:1(A)
SB55 Engrossed: 47:2153(A), 47:2154(A), 47:2243(A), 47:1(A), 47:2145(E)
SB55 Reengrossed: 47:2153(A), 47:2154(A), 47:2243(A), 47:1(A), 47:2145(E)