House Bill No. by Representative Glorioso proposes a constitutional amendment to increase the income threshold for property owners to qualify for the special assessment level on certain residential properties receiving the homestead exemption in Louisiana. The bill seeks to amend Article VII, Section 18(G)(1)(a)(ii) of the Louisiana Constitution, raising the adjusted gross income limit from $100,000 to $200,000. This new threshold will be adjusted annually based on the Consumer Price Index starting in tax year 2030. Additionally, for applicants who are married and filing separately, their combined adjusted gross income will be considered for qualification.

If approved by voters in the statewide election scheduled for November 3, 2026, the amendment will take effect on January 1, 2027, and will apply to property taxes beginning in tax year 2027. The proposed changes aim to provide greater financial relief to eligible property owners by allowing a higher income limit for the special assessment level, thereby potentially benefiting more residents in Louisiana.