2023 Legislative Session Overview

Louisiana REALTORS® • May 12, 2023

The 2023 Legislative Session began Monday, April 11th. Over the next two months, legislators will debate over six hundred House bills and two hundred Senate bills with wide raising topics. The Louisiana REALTORS® Bill Review Team met to review and determine Louisiana REALTORS® position on almost two hundred of these bills with topics ranging from taxes, homeowners’ associations, and property insurance. Click below to learn about the bills Louisiana REALTORS® will be taking positions on or following throughout the legislative session. This service allows you to focus on your business while Louisiana REALTORS® focuses on opportunities and threats to it.


Louisiana REALTORS® will publish additional information regularly throughout the session so please check the website for updates. The Legislative Bill Tracker is updated weekly with the most recent update being May 12th. 


Legislative Bill Tracker

  • Availability of Affordable Property Insurance

    Over the past two years, Louisiana has seen a drastic drop in the number of property insurance companies doing business in the state.  This has left property owners with fewer choices in the insurance market and higher insurance premiums. It has also priced many out of obtaining the dream of home ownership.  This is because while potential buyers can qualify for a home loan, they cannot afford the monthly note due to the high cost of property insurance premiums. Throughout the 2023 Legislative Session and beyond, Louisiana REALTORS® will advocate for solutions to increase competition in the insurance market, encourage homes to be retrofitted and built to withstand treacherous weather conditions, and provide for fair rules, processes, and procedures for both consumers and insurers to follow when there are disputes about claims.

  • State and Local Tax Structure

    The structure by which state and local governments are funded will likely be a major topic of discussion throughout the 2023 Legislative Session because odd number session years are largely limited to tax related bills. Included in this discussion, will be talk about property taxes, the statewide homestead exemption, and how state law requires local governments to raise revenue to fund local services.  In an election year, it is still yet to be seen if any structural changes will come out of this session, but the discussion on this topic this session will certainly lay the groundwork for debate during the 2023 statewide fall elections. 


    Until some of these bills move out of the House Ways and Means Committee, the Louisiana REALTORS® Bill Review Team that the association will in most part remain neutral on these bills and potentially regroup to review that position as bills on the subject move through the process.  The following three benchmarks will be the basis of any review of any proposed changes to the homestead exemption and how state law requires local governments to raise revenue:


    • Provide predictability for the property owner.
    • Provide stability in the real estate market.
    • Provide for comprehensive change in funding local government that allows for these entities to meet the needs of citizens.

Governor Landry, Commissioner Temple Announce Additional $20 Million Invested in Fortified Homes

By Louisiana REALTORS® • September 21, 2026
From the Louisiana Department of Insurance: Insurance Commissioner Tim Temple joined Governor Jeff Landry and Senate Insurance Committee Chairman Kirk Talbot today to announce that Louisiana is investing an additional $20 million in Fortified homes, bringing the total amount invested in state Fortified projects this year to $100 million. Governor Landry announced that $20 million from the U.S. Department of Housing and Urban Development will be transferred to the Louisiana Office of Community Development Restore Resilient Opportunities for Overhead Fortification (Restore ROOF) program to strengthen residential structures and reduce long-term disaster risk. Earlier this year, the Legislature passed a bill that allows $50 million in additional Katrina and Rita bond money from Louisiana Citizens Property Insurance Corporation to be added to the Department of Insurance’s Louisiana Fortify Homes Program (LFHP). Also beginning this year, LFHP is projected to receive approximately $30 million annually from taxes and fees the Louisiana Department of Insurance collects from the insurance industry. “Building stronger homes is a vital part of making homeowners insurance affordable in Louisiana,” said Commissioner Temple. “I appreciate Governor Landry’s leadership and support as we work with legislators like Chairman Talbot to make Louisiana a national leader in the adoption of Fortified roofs.” The Louisiana Department of Insurance (LDI) has finalized its promulgation of Regulation 136—Fortify Homes Premium Discounts. The purpose of Regulation 136 is to implement the statutory provisions set forth in La. R.S. 22:1483, et seq. , which require that all Louisiana property and casualty insurers provide premium discounts or insurance rate reductions for homes constructed or upgraded in accordance with the fortified standards created by the Insurance Institute for Business and Home Safety. View Regulation 136 here .

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