Vote "YES" for More Jobs, Lower Tax Rates in Louisiana

Louisiana REALTORS • October 21, 2021

Louisiana REALTORS® officially endorses Constitutional Amendment #1 and #2 on November 13th ballot.

Attendees at a recent Louisiana REALTORS® Town Hall meeting overwhelmingly indicated support for Constitutional Amendment #1 and #2 after a presentation by Speaker of the Louisiana House of Representatives Clay Schexnayder, Chair of the House of Representatives Ways and Means Committee Stuart Bishop, and Representative Beau Beaullieu. View the recording of that presentation here. 


Louisiana REALTORS® Board of Directors at the October 6 meeting in Lafayette, LA voted for the association to officially endorse the two proposed constitutional amendments. These two amendments are part of major tax reforms that policy groups and task forces have been discussing for years and now is the time to make these discussions a reality.


In supporting these measures, Louisiana REALTORS® joins countless business groups that have publicly expressed support for the fiscal reform amendments.

  • Constitutional Amendment #1 : Streamline Local Sales Tax Collection

    Louisiana ranks 49th out of 50 states in terms of how we collect sales taxes. That’s because where almost every other state has just one, we have 54 local tax collectors for our 64 parishes, and among them are more than 100 different local tax rates


    In-state businesses required to charge local sales tax have to remit to these collectors separately, while out-of-state retailers like Wayfair have one simple portal. 


    The current system is archaic and cumbersome and puts our home-grown businesses at a disadvantage.

  • Constitutional Amendment #2: Simplify Our Tax Code

    Tax Simplification would lower tax rates in exchange for removing the FIT from the State Constitution, and if passed by voters, this amendment triggers a trio of companion bills into effect that together create a simpler system with lower rates, helping Louisiana

    to recruit more jobs here. Specifically, the amendment and accompanying bills:


    • Cap personal income tax at 4.75% - that would be the lowest in the South and fourth lowest in the country (amendment)
    • Remove current individual income tax brackets from the State Constitution, allowing the Legislature to lower rates (amendment)
    • Remove the FIT requirement from Louisiana’s Constitution (amendment)
    • Lower rates in the 3 brackets for personal income tax, lowering the highest from 6% to 4.25% (HB278)
    • Collapses corporate tax brackets from 5 to 3, capping the highest at 7.5% (HB 292)
    • Eliminate the Corporate Franchise Tax on the first $300,000 of taxable capital, lowers the tax from $3 to $2.75 per thousand on capital greater than $300,000 (SB 161)

    In an analysis of the plan, the Washington DC-based Tax Foundation predicted that these tax reform measures will finally move Louisiana out of the bottom ten states in business tax climate rankings.

View Sample Ballot Language

The proposed amendments do not impose or raise new or existing taxes but seek to put us in line with how almost all other states collect sales taxes and stabilize our state income tax rates and budget. 


Both amendments will help all businesses and individuals as it relates to sales tax collections and personal & corporate income tax rates being lowered.  Louisiana REALTORS encourages you to learn more facts about these amendments by visiting untangleourtaxes.com or by viewing the Public Affairs Research Council 2021 Guide to Constitutional Amendments.



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By Louisiana REALTORS® June 6, 2025
The National Association of REALTORS® Board of Directors approved a 2026 budget with no dues increase and passed a Professional Standards Recommendation to clarify language in NAR Code of Ethics Standard of Practice 10-5, which prohibits harassment of any person or persons protected under Article 10 of the Code. A day earlier, the Executive Committee approved another Professional Standards change, revising language for Policy Statement 29 designed to ensure state and local associations can fairly and consistently enforce the Code of Ethics. Learn more about the changes. Read the revised Code of Ethics and Standards of Practice. Board members also approved a consent agenda to elect the 2026 officers and regional vice presidents . Christine Hansen of Ft. Lauderdale, Fla., was elected 2026 President-Elect, and Colin Mullane of Ashland, Ore. was elected 2026 First Vice President. The meeting opened with a video message from President Donald Trump, who welcomed REALTORS® to Washington and thanked them for support of the House-passed tax reform. NAR routinely invites the U.S. president to address REALTORS® at the Washington meetings. Over NAR's history, nine sitting presidents have addressed the association. Board Actions Approved a series of Finance Committee recommendations, accepting the association’s financial statement, approving the 2026 operating and advocacy budgets, and keeping dues at $156. The board actions also redirect $35 of the $45 Consumer Advertising Campaign assessment to operating funds. This change positions NAR to make its next settlement payment in February 2026 and maintain a balanced budget without raising total dues. The remaining $10 for the Consumer Advertising Campaign will fund optimized, metrics-driven activities that reach and engage consumers in critical markets. NAR CEO Nykia Wright and President Kevin Sears explained the shift at the opening session of the conference . Amended Standard of Practice 10-5 to give state and local associations greater clarity in how to fairly and consistently enforce Article 10 of the Code of Ethics. The amended Standard of Practice says that REALTORS®, in their capacity as real estate professionals, in association with their real estate businesses, or in their real estate-related activities, shall not harass any person or persons based on race, color, religion, sex, disability, familial status, national origin, sexual orientation, or gender identity. Made a series of recommendations to the Standards of Practice to bring the language in line with the terms of NAR’s 2024 settlement. Approved a motion to make one member of the Executive Committee a commercial practitioner who has served as chair, vice chair or liaison of an NAR commercial-related committee or forum to serve a two-year term and be independent of the 10% commercial representation requirement outlined in the NAR Constitution. Approved a recommendation from the Credentials and Campaign Rules Committee to amend qualifications for president-elect, first vice president and treasurer effective Jan. 1, 2026. Qualifications for top-line officers are now aligned with those already in place for regional vice presidents. Approved recommendations from the Member Accountability Committee related to applications for volunteer leadership and the Statement of Appropriate Event Conduct. The goal of the recommendations is to ensure members found in violation of the NAR Member Code of Conduct are properly disclosed. Award Winners NAR President Kevin Sears announced the 2025 Distinguished Service Award winners James P. Cormier , AHWD, C2EX, of Minneapolis-St. Paul, and Brooke S. Hunt , AHWD, E-PRO, SFR, SRS, C2EX , of Flower Mound, Texas. In addition, the group recognized the winner of the 2024 William R. Magel Award, Anne Marie DeCatsye , CEO of the Canopy REALTOR® Association and Canopy MLS in the Charlotte, N.C., metro area. REALTORS® Relief Foundation  During the meeting, REALTORS® Relief Foundation President Greg Hrabcak appealed to board members to make a tax-deductible donation. The fund provides housing assistance to victims in the immediate aftermath of a disaster; 100% of funds donated go to disaster relief. “We’ve had devastating wildfires in California, tornadoes in Missouri and Kentucky and flooding in West Virginia, and we’re still in the first half of this year,” Hrabcak said. Before the meeting ended, directors had donated more than $41,000.
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