Amendment 2Constitutional amendment · Put on the ballot by lawmakers
Keep future property-tax rate option
Explain it like I'm 5
After property values change, local governments may lower their tax rate. This would let them keep the option to raise it later, up to an already approved limit, instead of losing that option forever.
Yes vote
A local taxing authority could retain the ability to raise a lower millage rate up to a previously authorized maximum.
No vote
The current use-it-or-lose-it rule would remain when an authority does not restore its rate before the next reassessment.
The question to ask yourself
Should local governments retain room for a later increase without seeking another voter approval?
The case for
- Lets officials lower rates without being pressured to restore them immediately.
- Preserves flexibility for changing local budgets and service needs.
- The maximum rate was previously authorized under existing rules.
Backed by: Louisiana Association of Business and Industry, Pelican Institute for Public Policy, Leaders for a Better Louisiana, Louisiana Chemical Association, Police Jury Association of Louisiana, Louisiana Municipal Association, Louisiana Realtors
The case against
- Could allow a later tax increase without a new voter approval.
- The current deadline encourages a clear, timely rate decision.
- Future increases could be less visible to taxpayers.
Opposed by: Power Coalition for Equity and Justice
- Money
- The effect on local tax collections was not estimated, and could include lower collections now or higher collections later.
- Don't be misled
- It does not automatically raise taxes or exceed the existing maximum, but it preserves the ability to raise rates later.