VOTE "YES" ON CONSTITUTIONAL AMENDMENT #1 [INFOGRAPHIC]
LOUISIANA REALTORS • August 25, 2017
Constitutional Amendment #1 will read:
"DO YOU SUPPORT AN AMENDMENT TO EXEMPT FROM PROPERTY TAXES MATERIALS AND OTHER PROPERTY DELIVERED TO A CONSTRUCTION SITE TO BE MADE PART OF A BUILDING OR OTHER CONSTRUCTION?"
Louisiana REALTORS® along with a coalition of organizations are asking that you VOTE YES to Constitutional Amendment #1 on October 14. The broad and diverse coalition of supporters includes: Louisiana Policy Jury Association, Louisiana Home Builders Association, Louisiana Industrial Development Executives Association, Louisiana Municipal Association, Louisiana Midcontinent Oil and Gas Association, Louisiana Oil and Gas Association, Louisiana Sheriff's Association, Louisiana Associated General Contractors, Associated Builders and Contractors, Louisiana Association of Business and Industry, Louisiana Chemical Association, A bipartisan coalition of State Legislators, and Louisiana Governor John Bel Edwards.
Louisiana’s 2026 Regular Session opened this week with several developments that matter directly to REALTORS ®, property managers and housing providers, alongside some broader political shifts worth watching. HB 292: Security Deposit Return Timelines Rep. Delisha Boyd’s HB 292, which addresses procedures for returning residential security deposits, was deferred to next week. This provides additional time for stakeholders to engage with members on practical impacts for lease administration, move out inspections and documentation standards. We’ll continue working to ensure any changes to deposit law are clear, workable and do not expose housing providers to unreasonable liability. Land Use and Development: St. James Parish Decision The Louisiana Supreme Court’s recent St. James Parish decision significantly tightens the standards for overturning local land use decisions, reinforcing that zoning and permitting authority rests with parish and municipal governments as long as their decisions are not arbitrary or capricious. For real estate and development, that means more predictability if projects are aligned with adopted plans and ordinances, but also higher stakes in local elections, planning processes and parish-level negotiations. Governor’s State of the State In his State of the State address, Governor Jeff Landry reiterated his push to phase out the state income tax, expand the LA GATOR and MJ Foster scholarship and workforce programs, and replace vehicle inspection stickers with a QR code system. These programs frame a debate around long-term competitiveness, workforce readiness and household cost of living which are all key drivers of housing demand and migration patterns. Business & Market Trends The business community is focusing the session on insurance, workforce and energy. Commercial and property insurance costs remain a top concern for employers and property owners, and we are monitoring civil justice and insurance reform proposals that could affect market stability and availability. At the same time, Louisiana is seeing more than $100 billion in announced industrial and data center projects, which could reshape local markets, labor conditions and housing needs in multiple regions of the state. Please view the weekly bill tracking report at the link below provided by our lobbying team over at Harris, DeVille and Associates.
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