Amendment 2 Property Tax Exemptions for Certain Disabled Veterans and Spouses Measure

Our Disabled U.S. Veterans DESERVE this Property Tax Exemption! In Louisiana, properties are assessed at 10% of fair market value. The homestead exemption in Louisiana exempts the first $7,500 of assessed value from property taxes. Currently, disabled veterans with a 100% disability rating may receive an additional $7,500 exemption, meaning the first $15,000 of their property's assessed value is exempt from property taxes.


This amendment would replace the existing exemption for disabled veterans with a 100% disability rating and expand exemptions to include disabled veterans with disability ratings between 50% and 99%.


Under this amendment, veterans with a service-related disability rating of 50% or more (but below 70%) would receive an additional property tax exemption of $2,500 of assessed value after the first $7,500 homestead property tax exemption, bringing their total exemption to $10,000. Veterans with a service-related disability rating of 70% or more (but below 100%) would receive an additional property tax exemption of $4,500, bringing their total exemption to $12,000.


The total assessed value of a property owned by a veteran who is totally disabled or that is rated as 100% unemployable by the U.S. Department of Veterans Affairs would be EXEMPT FROM PROPERTY TAXES.


The property tax exemptions would be extended to the surviving spouse of a deceased disabled veteran whether or not the exemption was claimed on the property prior to the veteran's death.


The Tax Revenue Loss Would Be Absorbed By The Local Taxing Authority

Don't worry. We The People WILL NOT get an increase in our property taxes. The loss of tax revenue would be absorbed by the local taxing authority. It would also provide that local taxing authorities cannot create additional taxes for other taxpayers during future reappraisals or millage adjustments because of the tax exemptions to veterans.


A "yes" vote supports adopting the following changes to property tax exemptions for certain disabled veterans and their surviving spouses:

  • after the first $7,500 homestead property tax exemption, exempting the next $2,500 of assessed value from property taxes for veterans with a service-related disability rating of 50% or more but below 70%;

  • after the first $7,500 homestead property tax exemption, exempting the next $4,500 of assessed value from property taxes for veterans with a service-related disability rating of 70% or more but below 100%;

  • exempting the total assessed value from property taxes for veterans that are totally disabled or that are 100% unemployable; and

  • extending the property tax exemptions to the surviving spouse of a deceased disabled veteran whether or not the exemption was claimed on the property prior to the veteran's death.

A "no" vote opposes expanding property tax exemptions for disabled veterans and their surviving spouse.

On November 8, VOTE YES! on Amendment 2

Our disabled Veterans sacrificed for our country, let's repay them by VOTING YES on Amendment 2. We can do better Let's GEAUX Louisiana!

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