La. makes it a crime to declare more than one homestead exemptio - FOX 8 WVUE New Orleans News, Weather, Sports, Social

La. makes it a crime to declare more than one homestead exemption

Home on Jeannette Drive (FOX 8 Photo) Home on Jeannette Drive (FOX 8 Photo)
(WVUE) -

Starting Aug. 1, it will be a crime to claim more than one homestead exemption in Louisiana.

According to legislation signed by Gov. John Bel Edwards, individuals who claim more than one homestead exemption are subject to a $500 fine, six months in prison and they'll be forced to pay back the wrongfully claimed exemption.

State law allows only one homestead exemption of $75,000 per person on owned property that's considered a domicile or permanent owned residence.

Disabled veterans in the state may be eligible for a $150,000 homestead exemption. 

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