The original homestead exemption was created many years ago and is covered by Article VII, Section 20 of the Louisiana Constitution. In 1980, voters, statewide, approved an increase in the homestead exemption to $75,000.
The Homestead Exemption allows that the first $7500 of assessed value of an owner occupied home will be exempt from property taxation. The homestead exemption is permanent as long as the homeowner continues to own and permanently reside at that property.
Only one homestead exemption can be granted per home that is owned and permanently occupied as a domicile by a resident in Louisiana. A Homestead Exemption cannot be applied to a property that an individual owns but does not live in day-to-day.
How to file for Homestead Exemption
To claim a Homestead Exemption, a person must appear in person at the Assessor’s Office and present the following:
TWO (2) of any of the following 6 pieces of evidence of occupation (name and address must correspond to the property for which the exemption is being applied for)
- A valid Louisiana Photo ID/Driver’s License;
- A recent bank statement;
- A recent cable bill;
- A recent cell phone bill;
- A voter registration card or
- A recent credit card statement.