Vote "YES" for More Jobs, Lower Tax Rates in Louisiana

Louisiana REALTORS • October 21, 2021

Louisiana REALTORS® officially endorses Constitutional Amendment #1 and #2 on November 13th ballot.

Attendees at a recent Louisiana REALTORS® Town Hall meeting overwhelmingly indicated support for Constitutional Amendment #1 and #2 after a presentation by Speaker of the Louisiana House of Representatives Clay Schexnayder, Chair of the House of Representatives Ways and Means Committee Stuart Bishop, and Representative Beau Beaullieu. View the recording of that presentation here. 


Louisiana REALTORS® Board of Directors at the October 6 meeting in Lafayette, LA voted for the association to officially endorse the two proposed constitutional amendments. These two amendments are part of major tax reforms that policy groups and task forces have been discussing for years and now is the time to make these discussions a reality.


In supporting these measures, Louisiana REALTORS® joins countless business groups that have publicly expressed support for the fiscal reform amendments.

  • Constitutional Amendment #1 : Streamline Local Sales Tax Collection

    Louisiana ranks 49th out of 50 states in terms of how we collect sales taxes. That’s because where almost every other state has just one, we have 54 local tax collectors for our 64 parishes, and among them are more than 100 different local tax rates. 


    In-state businesses required to charge local sales tax have to remit to these collectors separately, while out-of-state retailers like Wayfair have one simple portal. 


    The current system is archaic and cumbersome and puts our home-grown businesses at a disadvantage.

  • Constitutional Amendment #2: Simplify Our Tax Code

    Tax Simplification would lower tax rates in exchange for removing the FIT from the State Constitution, and if passed by voters, this amendment triggers a trio of companion bills into effect that together create a simpler system with lower rates, helping Louisiana

    to recruit more jobs here. Specifically, the amendment and accompanying bills:


    • Cap personal income tax at 4.75% - that would be the lowest in the South and fourth lowest in the country (amendment)
    • Remove current individual income tax brackets from the State Constitution, allowing the Legislature to lower rates (amendment)
    • Remove the FIT requirement from Louisiana’s Constitution (amendment)
    • Lower rates in the 3 brackets for personal income tax, lowering the highest from 6% to 4.25% (HB278)
    • Collapses corporate tax brackets from 5 to 3, capping the highest at 7.5% (HB 292)
    • Eliminate the Corporate Franchise Tax on the first $300,000 of taxable capital, lowers the tax from $3 to $2.75 per thousand on capital greater than $300,000 (SB 161)

    In an analysis of the plan, the Washington DC-based Tax Foundation predicted that these tax reform measures will finally move Louisiana out of the bottom ten states in business tax climate rankings.

View Sample Ballot Language

The proposed amendments do not impose or raise new or existing taxes but seek to put us in line with how almost all other states collect sales taxes and stabilize our state income tax rates and budget. 


Both amendments will help all businesses and individuals as it relates to sales tax collections and personal & corporate income tax rates being lowered.  Louisiana REALTORS encourages you to learn more facts about these amendments by visiting untangleourtaxes.com or by viewing the Public Affairs Research Council 2021 Guide to Constitutional Amendments.
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When is the best time to move in Louisiana

A Louisiana Homeowner's Guide to Deciding When to Buy, Sell, or Move

By Louisiana REALTORS® • July 2, 2026
Thinking about buying, selling, or moving in Louisiana? Explore key factors that can help you decide when the time is right.

Consumer Guide Update: Defining Home Buying Needs vs. Wants

By Louisiana REALTORS® • July 1, 2026
It’s not unusual for people to enter the homebuying process with a priority list that needs to be whittled down once they see what’s on the market. NAR’s latest consumer guide, “Defining Home Buying Needs vs. Wants,” is a decision-making tool that can help. It’s a simple checklist to help home buyers identify their needs, wants and deal-breakers. Using the form, or something like it, will help buyers remember what’s most important to them as they view and compare homes. There’s even a fillable PDF available for download. 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: Defining Home Buying Needs vs. Wants NEW: 10 Tips For Unpacking Smartly After A Move UPDATED: Multiple Listing Services Overcoming Roadblocks to a Sale or Purchase How Solar Impacts a Real Estate Transaction 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. Check out the next consumer guide for sellers on how to ease the transition for the new owners.

Consumer Guide Update: 10 Tips for Unpacking

By Louisiana REALTORS® • June 18, 2026
NAR’s latest consumer guide, “10 Tips for Unpacking Smartly After a Move,” was developed to help ease the burden buyers may feel when surrounded by boxes. For your clients on the cusp of a move, the guide suggests establishing a priority unpacking order, wiping down each room before unpacking, discarding boxes quickly, having garbage and donation bags at the ready, and more. Share the new guide along with the companion guide “10 Tips for Packing Smartly for a Move.” 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: 10 Tips For Unpacking Smartly After A Move UPDATED : Multiple Listing Services Overcoming Roadblocks to a Sale or Purchase How Solar Impacts a Real Estate Transaction Navigating Interest Rate Shifts 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. Check out the next consumer guide on identifying homebuying wants vs. needs.
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