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LouisianaHB 272026 Regular SessionHouse

APPROPRIATIONS/SUPPLEML: (Constitutional Amendment) Provides relative to application of nonrecurring state monies to state retirement system unfunded accrued liabilities (EN NO IMPACT APV)

Sponsored By: Dixon Wallace McMakin (Republican)

Adopted

FinanceAppropriations

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Louisiana pensions gain debt payment flexibility

For fiscal year 2024-2025 and each year after, Louisiana must direct at least 25% of forecast-designated, nonrecurring money to state pension debts. These are pension costs that the systems lack enough money to cover. The amendment removes the rule requiring payments toward the oldest debts first. The Legislature can set a formula for sharing the money among systems with unpaid pension debts. Without a formula, each system receives its share based on its portion of total unpaid pension debt. That calculation uses the latest valuations approved by the Public Retirement Systems’ Actuarial Committee or its successor. These payments cannot fund cost-of-living increases. The law schedules a statewide vote on the amendment for November 3, 2026.

Sponsors & Cosponsors

Sponsor

  • Dixon Wallace McMakin

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 138 • No: 0

Senate vote • 5/28/2026

Read by title, passed by a vote of 34 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

Yes: 34 • No: 0

House vote • 4/20/2026

Read third time by title, roll called on final passage, yeas 87, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.

Yes: 87 • No: 0

House vote • 3/30/2026

Reported favorably

Yes: 17 • No: 0

Actions Timeline

  1. Taken by the Clerk of the House and presented to the Secretary of State in accordance with the Rules of the House.

    6/2/2026House

  2. Becomes Act No. 606.

    6/2/2026House

  3. Effective date: See Act.

    6/2/2026House

  4. Enrolled and signed by the Speaker of the House.

    5/29/2026House

  5. Signed by the President of the Senate.

    5/29/2026Senate

  6. Called from the Calendar.

    5/28/2026Senate

  7. Read by title, passed by a vote of 34 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

    5/28/2026Senate

  8. Received from the Senate without amendments.

    5/28/2026House

  9. Rules suspended.

    5/21/2026Senate

  10. Read by title and returned to the Calendar, subject to call.

    5/21/2026Senate

  11. Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.

    5/18/2026Senate

  12. Read by title and referred to the Legislative Bureau.

    5/14/2026Senate

  13. Reported favorably.

    5/13/2026Senate

  14. Read second time by title and referred to the Committee on Finance.

    4/21/2026Senate

  15. Read third time by title, roll called on final passage, yeas 87, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.

    4/20/2026House

  16. Received in the Senate. Rules suspended. Read first time by title and placed on the Calendar for a second reading.

    4/20/2026Senate

  17. Scheduled for floor debate on 04/20/2026.

    4/15/2026House

  18. Read by title, ordered reengrossed, passed to 3rd reading.

    4/14/2026House

  19. Reported without amendments (8-0-1).

    4/13/2026House

  20. Read by title, ordered engrossed, recommitted to the Committee on Civil Law and Procedure.

    3/31/2026House

  21. Reported favorably (17-0). To be recommitted to the Committee on Civil Law and Procedure.

    3/30/2026House

  22. Read by title, under the rules, referred to the Committee on Appropriations.

    3/9/2026House

  23. First appeared in the Interim Calendar on 1/23/2026.

    1/23/2026House

  24. Prefiled.

    1/21/2026House

  25. Under the rules, provisionally referred to the Committee on Appropriations.

    1/21/2026House

Bill Text

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