House Bill No. proposes a constitutional amendment to modify the eligibility criteria for the special assessment level related to ad valorem taxation in Louisiana. Specifically, the bill seeks to eliminate the income limit that currently restricts individuals from qualifying for this special assessment based on their adjusted gross income, which is presently capped at $100,000. The amendment will repeal existing provisions that require applicants to meet this income threshold and will allow all individuals in eligible categories—such as senior citizens, certain veterans, and individuals with disabilities—to qualify for the special assessment level regardless of their income.

The proposed changes will be submitted to voters in a statewide election scheduled for November 3, 2026, and, if approved, will take effect on January 1, 2027. The bill amends Article VII, Section 18(G)(1)(a)(ii) of the Louisiana Constitution and repeals Sections 18(G)(1)(a)(iii) and (iv). This legislative action aims to broaden access to the special assessment level, thereby providing financial relief to a wider range of property owners who meet the specified eligibility criteria.