Measure on the ballot in the 2018 Louisiana 2018 Primary Election in Louisiana.
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Get StartedA “yes” vote gradually raises property taxes over four years for a residential property that increases in value by more than 50% due to a reappraisal. The loss in tax revenue would not be compensated for by additional taxes elsewhere.
A "no" vote does not establish a special phase-in period for property taxes after a reappraisal.
According to the Louisiana Watchdog, homeowners who face huge spikes in property values homes have often been undervalued for years. Rather than pass this bill, the state should focus on having uniform property value assessments to ensure accurate assessments statewide., in opposition to Amendment 6 (Learn more)
The bill would protect homeowners who are faced with huge spikes in property values from having to refinance or sell the property if they cannot pay property taxes., in support of Amendment 6 (Learn more)
This measure would ensure that if a property reappraisal resulted in an over 50% increase in value, the corresponding increase in property taxes would be gradually phased-in over a four year period.
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