This bill amends R.S. 47:1836 and enacts R.S. 47:2058.1 to enhance the reporting requirements for parish tax assessors and collectors regarding ad valorem taxes. It mandates that these officials report specific assessment and collection data to the Louisiana Tax Commission, which will then include this information in its reports to the governor and the legislature. The new requirements aim to ensure transparency and accountability in the assessment and collection of property taxes, with detailed data on assessed values, tax amounts, and classifications being reported.
Key provisions include the requirement for parish assessors to submit annual reports detailing the total assessed value of property and the amount of taxes collected, broken down by property classification. Additionally, the Louisiana Tax Commission is tasked with incorporating this data into its reports, which will be shared with state leadership. The bill also prohibits the use of information from automatic dependent surveillance-broadcast systems for calculating ad valorem taxes, ensuring that tax assessments are based on reliable and appropriate data sources.
Statutes affected: HB1010 Reengrossed:
HB1010 Enrolled:
HB1010 Act 577: