All Roll Calls
Yes: 362 • No: 0
LouisianaHB 3652025 Regular SessionHouseWALLET
TAX/AD VALOREM TAX: Provides for an optional exemption of business inventory from ad valorem taxes and to authorize the reduction of the fair market value percentage of business inventory under certain circumstances (EN SEE FISC NOTE GF EX See Note)
Sponsored By: Daryl Andrew Deshotel (Republican)
Signed by Governor
Revenue and Fiscal AffairsWays and Means
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
Parishes can cut business inventory taxes
Louisiana parishes can remove all business inventory property taxes immediately or phase out those taxes over five years or less. They can instead cut the share of inventory’s fair market value used to calculate taxes. Qualifying inventory includes goods held for sale, goods being produced, and property intended for production. The sheriff, school board, and parish governing authority must jointly choose an option in writing. Partial reductions cannot be reversed, exceed constitutional percentages, or occur more than once per assessment period. Officials must state the reduced percentage and start date, then notify the Louisiana Tax Commission and assessor within 10 calendar days. The commission must include these notices in its annual report. The act covers property tax years beginning in 2026, but its exemption language specifies taxable periods beginning January 1, 2027. These rules operate only after voters approve the constitutional amendment in 2025 House Bill 366 and it takes effect.
Taxpayers protected from inventory tax shifts
Local taxing authorities must absorb revenue losses caused by the law’s inventory tax exemptions or reduced taxable values. They cannot pass those losses to other taxpayers through later property reappraisals, valuation changes, or property tax rate adjustments. Exempt inventory stays outside the taxable property base for later reappraisals and rate adjustments, and the relief cannot trigger them. The act applies to property tax years beginning in 2026. These protections operate only after voters approve the constitutional amendment in 2025 House Bill 366 and it takes effect.
State payments help parishes replace taxes
Beginning January 1, 2027, qualifying parishes receive one-time payments from Louisiana’s Revenue Stabilization Trust Fund. Parishes must irrevocably choose a full inventory tax exemption before July 1, 2027, immediately or within five years. Immediate exemptions bring three times the parish’s 2026 inventory property taxes collected, with a $1 million minimum and $15 million cap. Phased exemptions bring the parish’s 2026 inventory property taxes collected, with a $500,000 minimum and $10 million cap. Partial exemptions and full exemptions chosen on or after July 1, 2027, receive no payment. The treasurer must pay within 30 days after the Department of Revenue certifies the parish’s irrevocable choice. Parish tax collectors must divide payments proportionally among the parish’s taxing authorities. Payments operate only after voters approve the constitutional amendment in 2025 House Bill 366 and it takes effect.
Sponsors & Cosponsors
Sponsor
Daryl Andrew Deshotel
Republican • House
Cosponsors
Troy D. Romero
Affiliation unavailable
Roll Call Votes
Senate vote • 6/12/2025
Conference Committee Report read; adopted by a vote of 36 yeas and 0 nays.
Yes: 36 • No: 0
House vote • 6/12/2025
Conference Committee Report read, roll called, yeas 98, nays 0. The Conference Committee Report was adopted.
Yes: 98 • No: 0
House vote • 6/10/2025
Read by title, roll called, yeas 86, nays 0, Senate amendments rejected, conference committee appointment pending.
Yes: 86 • No: 0
Senate vote • 6/8/2025
Senate floor amendments read and adopted. Read by title, passed by a vote of 36 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
Yes: 36 • No: 0
House vote • 5/6/2025
Read third time by title, roll called on final passage, yeas 93, nays 0. Finally passed, title adopted, ordered to the Senate.
Yes: 93 • No: 0
House vote • 4/15/2025
Reported favorably
Yes: 13 • No: 0
Actions Timeline
Signed by the Governor. Becomes Act No. 357.
6/20/2025HouseEffective date: See Act.
6/20/2025HouseConference Committee report received. Lies over under the rules.
6/12/2025HouseRules suspended.
6/12/2025HouseConference Committee Report read, roll called, yeas 98, nays 0. The Conference Committee Report was adopted.
6/12/2025HouseNotice House adopted the Conference Committee Report.
6/12/2025SenateConference Committee Report read; adopted by a vote of 36 yeas and 0 nays.
6/12/2025SenateNotice of Senate adoption of Conference Committee Report.
6/12/2025HouseEnrolled and signed by the Speaker of the House.
6/12/2025HouseSigned by the President of the Senate.
6/12/2025SenateSent to the Governor for executive approval.
6/12/2025HouseNotice of Senate conferees appointed.
6/11/2025HouseHouse conferees appointed: Beaullieu, Emerson, and Carver.
6/11/2025HouseNotice House Conference Committee members appointed.
6/11/2025SenateRead by title, roll called, yeas 86, nays 0, Senate amendments rejected, conference committee appointment pending.
6/10/2025HouseSenate conference committee members appointed: Cathey, Foil, and Reese.
6/10/2025SenateNotice House rejected the Senate amendments.
6/10/2025SenateReceived from the Senate with amendments.
6/9/2025HouseScheduled for concurrence on 06/10/2025.
6/9/2025HouseRules suspended. Called from the Calendar.
6/8/2025SenateSenate floor amendments read and adopted. Read by title, passed by a vote of 36 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
6/8/2025SenateRules suspended.
5/29/2025SenateRead by title and returned to the Calendar, subject to call.
5/29/2025SenateReported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
5/21/2025SenateCommittee amendments read and adopted. Read by title and referred to the Legislative Bureau.
5/20/2025Senate
Bill Text
Engrossed
Enrolled
Introduced
Related Bills
HB 356, INSURANCE/PROPERTY: Creates the Stated Value Homeowner's Policy Act
HB 408, INSURANCE/HEALTH: Requires health insurance coverage relative to pediatric acute-onset neuropsychiatric syndrome and related conditions (EN INCREASE GF EX See Note)
HB 423, HEALTH CARE/PROVIDERS: Provides relative to healthcare providers displaying evidence of proper licensure in advertising (EN NO IMPACT See Note)
HB 378, TOPS: Lowers the ACT score required for initial qualification for a Taylor Opportunity Program for Students award for students who complete approved home study programs (EN +$172,184 SG EX See Note)
HB 326, COSMETOLOGY/BOARD: Provides relative to the Louisiana Cosmetology Act (EN INCREASE SG RV See Note)
HB 307, PUBLIC ASSISTANCE: Requires that individuals requesting public assistance who are not United States citizens be reported to United States Immigration and Customs Enforcement (EN INCREASE GF EX See Note)