Legislative and National Trends – Property Tax Cut Push
In our last update, we mentioned the number of state legislatures throughout the country attempting to address the concerns of property owners regarding high property tax bills. With property values continuing to appreciate, don’t expect policy makers to rest with progress made in 2025. One of the property tax complexities less often mentioned (or championed at least) is that there are two variables to the equation that determines the dollar amount that property owners pay each year. Those variables being the appraised/assessed value and the tax rate/millage. Lawmakers and the general public tend to focus more on the property valuation side of things (think exemptions, circuit breakers and assessment limits) and less on the tax rates and total collections by the local taxing districts. It is easier this way politically, but it does ignore half of the conversation that needs to be had. The event and the speaker escape my memory, but I once heard the issue explained in this way. If a property owner is concerned about their high tax bill, the question to ask is if they would expect to sell their property for more than what it is being appraised at by the county/parish. If so, then the issue is more likely with the tax rate/millage being applied to their property and not the property value. This article is a good snapshot of how this issue is playing out in Texas: Abbott: Lawmakers must rein in local governments’ ability to hike property tax rates | Community Impact
Upcoming Property Tax Deadlines
We are now moving into the part of the property tax calendar where business personal property tax renditions should have been filed, and preliminary value notices are starting to flow out from appraisers and assessors. As each state and local jurisdiction can vary, please make sure to pay close attention to the appeal deadlines and procedures for both personal and real property valuations. Some appeal deadlines are limited by a specific number of days from notice, while a state like Louisiana has a specific open roll review period set for all property owners. Please don’t hesitate to reach out to our property tax team for assistance if you are unsure of your specific appeal deadline or process.
Louisiana Tax Commission Rules and Regulations Sessions Announced
On April 17th, the Louisiana Tax Commission (LTC) published notice of their Schedule of Hearings and Filing Instruction for their 2026 Rules and Regulations sessions. Each summer, the LTC holds these hearings as a prelude to the formal APA rules promulgation process with the Louisiana Division of Administration. These LTC hearings serve as another great opportunity for property owners, assessors, and industry groups to voice their concerns and the challenges they face with property assessments and to also propose workable amendments and adoptions to the rules and regulations. The first hearing will be held on July 16th for the Presentation of Proposals (proposal filing deadline is June 27th). The Rebuttal Evidence session is scheduled for August 20th, with the Tentative Adoption Proceeding scheduled for September 24th. Please see the following weblink for more details on these hearings: https://stax.latax.la.gov/API//v1/UploadDocuments/802