This market resolves YES if Louisiana Amendment 9 (Do you support an amendment to increase the maximum amount of income a person may receive and still qualify for the special assessment level for residential property receiving the homestead exemption? (Effective January 1, 2027) (Amends Article VII, Section 18(G)(1)(a)(ii))) is approved by voters at the November 3, 2026 general election under its official approval rule:

Simple majority of electors voting on the amendment statewide (La. Const. art. XIII §1(C)); no local-majority requirement.

Only the November 3, 2026 vote counts; earlier votes on similar proposals do not. YES means voter approval at this election, not that the measure is later implemented.

What the votes mean (official summary):

• YES: Income cap for the special assessment level rises from $100,000 to $150,000 AGI (indexed from 2028); effective 2027.

• NO: Cap stays at $100,000 AGI, inflation-indexed from 2026.

Results: resolves on the result certified by Secretary of State verifies, compiles and promulgates returns (La. R.S. 18:574(D)); Governor proclaims adoption (Const. art. XIII §1(C)).. It may resolve earlier once official returns or the Associated Press show the outcome cannot change and no recount is pending; if a recount or certified correction changes the outcome before resolution, the certified result controls.

No vote: if the measure is removed from the ballot, a court orders its votes not to be counted, or the vote is postponed beyond November 3, 2026, the market resolves N/A.

Later legal challenges: resolution follows voter approval as certified. A court later invalidating, enjoining or delaying the measure does not change the resolution.

Starting probability: 50% is a neutral starting seed, not a forecast.

Official source: https://www.sos.la.gov/media/jo2die1s/proposed-constitutional-amendments-2026-nov.pdf