Louisiana · 2026 Regular Session · Bill

HB 1124: TAX/AD VALOREM-EXEMPTION: Provides relative to an optional exemption of business inventory from ad valorem taxes and a partial exemption for that property based on fair market value adjustments (OR SEE FISC NOTE SD EX)

In committee Last action April 1, 2026: Read by title, under the rules, referred to the Committee on Ways and Means.

Plain-language summary

HB 1124 is a bill introduced in the Louisiana House on March 31, 2026. According to its official title, it concerns: TAX/AD VALOREM-EXEMPTION: Provides relative to an optional exemption of business inventory from ad valorem taxes and a partial exemption for that property based on fair market value adjustments (OR SEE FISC NOTE SD EX). Primary sponsor: Troy Hebert (Republican). Most recent recorded action (April 1, 2026): Read by title, under the rules, referred to the Committee on Ways and Means.

Sponsors

Primary sponsor: Troy Hebert (Republican).