Senate Bill No. proposes an amendment to Article VII, Section 21(K)(1) of the Louisiana Constitution, which pertains to ad valorem tax exemptions for disabled veterans and their surviving spouses. The bill allows the surviving spouse of a deceased veteran with a service-connected disability to transfer their property tax exemption to a new homestead under certain conditions. Notably, the amendment removes the requirement that the surviving spouse must occupy and remain the owner of the property to be eligible for the exemption.

Additionally, the proposed amendment stipulates that once a surviving spouse has claimed the exemption, they can transfer it to a different property that qualifies for the homestead exemption. This transfer is limited to the value of the exemption claimed on the previous homestead in the last year it was claimed. The bill also allows assessors to request information regarding the prior exemption to determine the extent of the exemption available for the new property. The amendment is set to take effect on January 1, 2027, and will be submitted to voters for approval in a statewide election on November 3, 2026.