Legislative Update - May 16, 2023

Louisiana REALTORS • May 16, 2023

Louisiana REALTORS is sad to inform members that Jim Harris passed away on Monday, May 8th after a hard-fought battle with ALS. Jim was a founding member of Harris, Deville & Associates, the firm that has represented Louisiana REALTORS® at the state Capitol for over 30 years.


Jim’s legacy includes advocating for the passage of many Louisiana real estate laws that are the envy of your colleagues in other states. In 2011 Jim supported Louisiana REALTORS® in the passage of a constitutional amendment that prohibits real estate transfer taxes from happening in this state.  While the 2023 Legislative Session marks the first time in over 30 years that Louisiana REALTORS® has been without Jim’s commanding presence, his legacy of hard work, integrity and tenacity lives on in those who had the honor of working with and learning from him.


If Jim were here, he would likely tell us an appropriate Winston Churchill quote, (Jim’s most respected leader) about mourning and loss and then growl that we have to keep at it and press forward, because there is still work to do.


This is exactly what Harris, Deville & Associates and your Louisiana REALTORS® Advocacy Team is doing – keeping at it on your and your clients’ behalf until the clock strikes 6:00 p.m. on Thursday, June 8th and the 2023 Legislative Session finally adjourns sine die, just as Jim would expect. We will miss Jim dearly, but know that he has taught us well and that he is watching all of us carry on the wonderful attributes and skills he instilled in all of us! 


We have lost a giant, a mentor and a father figure, but know we are all better for having had the opportunity to have known Jim for so long!

 

Legislative Bill Tracker

  • Property Insurance

    Good news – the Louisiana Legislature is making headway on improving laws to protect consumers and move the needle somewhat on property insurance reform. Bad news - no one should expect property insurers to flock back to Louisiana and rates to go down overnight.


    Bills moving through the process include those that would require endorsements and discounts for Fortified Roofs, prohibit assignment of insurance benefits, and improve Louisiana’s insurance regulatory market.


  • Property Management

    House Bill No. 180, Representative Matthew Willard

    This bill would have required housing providers to disclose their criminal history screening or admission criteria in as much detail as is feasible prior to accepting an application fee from a prospective tenant.  


    Position:  Oppose

    Status:  Heard by the House Commerce Committee; voluntarily deferred


    House Bill No. 660, Representative Edmond Jordan


    Position:  Oppose

    Status:  Set to be heard by the House on Thursday, May 18th


    As amended in the House Commerce Committee, HB No. 606 would do the following:


    (1) Allow a residential rental tenant to terminate their lease if there are police reports for at least two violent crimes or drug offenses occurring on the property of a multi-family residence where the tenant resides or on an adjacent property if the rental property resided in by the tenant is a single-family residence. 


    (2) Prohibit a lessor from reporting the termination of a lease under proposed law to a credit bureau, but allow the lessor to pursue legal action to be paid the amount owed for the remaining term of the lease.


    (3) Require owners or managers of all residential rental properties (single or multi-family) provide certain security measures including security cameras capable of obtaining clear footage of all property not located within the confines of building or structure of the residence and lighting of significant strength so security cameras can obtain clear footage of those areas.


    (4) Require all owners or property managers of any rental property disclose to any prospective tenant the resources where data regarding criminal incidents occurring within close proximity to the rental property may be obtained.


    While the bill has a noble intent, the unintended consequences and upheaval it would cause in the statewide residential rental market would result in crippling instability for lessees and lessors alike.  Members are encouraged to contact their state representative to ask them to oppose the bill.


    Find who represents you in the state House of Representatives here.

  • Sale of Property to Foreign Adversaries

    There are three bills going through the process that prohibit the sale or purchase of certain types of property by foreign adversaries.  Louisiana REALTORS® is currently monitoring these bills, but this position may change as more information regarding the potential unintended consequences this type of legislation may cause the real estate profession and market.

2026 Legislative Session Scoop - Week 3 Recap

By Louisiana REALTORS® • March 27, 2026
Week three of the Regular Session kept real estate issues in the conversation, even as lawmakers continued to focus heavily on workforce, tax and insurance policy. On the property tax front, measures to reshape assessments and exemptions, including proposals for a new blight rehabilitation exemption and additional relief for seniors, remain parked in the House Ways and Means Committee as stakeholders work through fiscal and local government concerns. These bills matter because they will influence long-term carrying costs, redevelopment incentives and how tax burdens are shared across residential and commercial property. Homestead related legislation, including parish level authority to increase the exemption amount, is also in the queue, signaling that the broader structure of Louisiana’s homestead system is officially on the table, not just the dollar figure. For homeowners and buyers, this debate goes directly to affordability. For local governments, it raises revenue stability and service delivery questions. There also has been movement on several identical pieces of legislation that would instruct parish assessors to develop a process for homeowners to permanently register for the homestead exemption for the duration that they own and live on the property. We are actively tracking legislation that will directly shape how investor activity and non-traditional transactions are recognized and regulated in Louisiana’s real estate market. This includes HB 468 by Troy Hebert , a key component of the Louisiana REALTORS® legislative package that targets the wholesale of residential real estate, which was heard in the House Commerce Committee on Monday. The bill is currently positioned for a floor vote early next week. As drafted, HB 468 represents a major step in the right direction for consumer protection in Louisiana, advancing needed guardrails through potential disclosure, registration, and practice standards that could redefine how assignment contracts and “off-market” transactions intersect with licensed brokerage activity. In parallel, HB 292 by Delisha Boyd passed the House on final reading, 86-3, and is on its way to the Senate. Together, these measures represent a coordinated policy effort to bring greater structure and transparency to emerging transaction models, while preserving the integrity of the traditional brokerage framework. Finally, the broader policy backdrop remains important: the Governor continues to push income tax changes and cost of living relief, while business and industry groups are prioritizing insurance, workforce and energy — each a key driver of long run housing demand and investment. As these debates evolve, we’ll keep you updated on what moves, what stalls and what it all means for your clients, your pipeline and private property rights across Louisiana. Please view the weekly bill tracking report provided by our lobbying team over at Harris, DeVille and Associates.

Webinar Recording - 2026 Tax Season Updates from Greg Kennedy, CPA

By Louisiana REALTORS® • March 26, 2026
Tax Questions & Updates for 2026 Webinar Recording Now Available

Consumer Guide Update: Staging Your House For A Sale

By Louisiana REALTORS® • March 20, 2026
NAR is pleased to share the latest consumer guide that explains the concept of home staging, offers DIY staging tips and missteps and shares the latest NAR member sentiment on how staging can help buyers better visualize the property as their future home and potentially net sellers a higher price. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow up to two weeks for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Staging Your House for a Sale Spotting Deepfake Scams in Real Estate Are You Ready to Invest in Real Estate? Thinking of Selling? 7 Factors to Consider How to Make Your Home More Energy Efficient Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their home buying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for the next consumer guide, which discusses home mortgage options that allow buyers to fold in renovation costs.
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