All Roll Calls
Yes: 257 • No: 0
LouisianaHB 3132026 Regular SessionHouseWALLET
FUNDS/FUNDING: Provides for the transfer, deposit, and use of monies among state funds
Sponsored By: Jack McFarland (Republican)
Signed by Governor
FinanceAppropriations
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Bill Overview
Analyzed Economic Effects
21 provisions identified: 16 benefits, 2 costs, 3 mixed.
Louisiana sets reserve limits and emergency access
For fiscal year 2026–2027, the Revenue Stabilization Trust Fund's minimum balance is $1.532132285 billion. Its allowable percentage is 36%. Lawmakers can also approve spending from this fund for statewide emergency conditions that year, with two-thirds legislative concurrence. The law does not set an emergency spending amount or promise household payments.
State insurance covers first responder expenses
The law creates a Self-Insurance Fund, run by the commissioner of administration, using state agency premiums, investment income, and commissions. It pays state insurance losses, commercial premiums, risk management costs, and specified regional human services authority losses. It also covers the specified first responder survivor and disability benefits. Eligible firefighters and law enforcement officers can receive payments for extraordinary medical and dental expenses covered by R.S. 40:1668.1. The Office of Risk Management makes these benefit and expense payments for the review board only after a specific appropriation.
Louisiana directs funding to roads and culverts
For fiscal year 2026–2027, the law directs $125 million from the Louisiana Transportation Infrastructure Fund to transportation infrastructure initiatives. From remaining deposits, it directs $100 million to the Highway Priority Program and $63 million to district maintenance. It also directs $35 million from remaining deposits to the transportation department's box culvert program. The Division of Administration receives allocations of $30 million for highway initiatives and $25 million for its box culvert program. These last two allocations also come from remaining fund deposits.
Louisiana adds money to budget reserves
The state transfers $144.268468 million from the State General Fund to the Louisiana Budget Stabilization Fund. All transferred money must be nonrecurring revenue from the fiscal year 2024–2025 surplus recognized by the Revenue Estimating Conference. This adds money to the state's budget reserve, not household checks.
Annual cap limits first responder payments
Covered first responder payments from the Self-Insurance Fund cannot total more than $5 million each fiscal year. This shared cap covers survivor benefits, disability benefits, and extraordinary medical and dental expenses. It is not a separate $5 million limit for each person or program.
Louisiana adds money for conservation incentives
The law transfers $500,000 from the State General Fund (Direct) to the Conservation Incentive Program Account. This adds money to the account but does not state who qualifies or how much participants receive.
Louisiana funds its voting technology account
The law transfers $12.76 million from the State General Fund (Direct) to the Voting Technology Fund. It provides account funding but does not specify equipment purchases, voter services, or direct household benefits.
Louisiana funds justice priorities and youth technology
The law transfers $892,093 from the State General Fund (Direct) to the Criminal Justice Priority Fund. It separately creates the Criminal Justice Technology Innovation Fund for district attorney offices. That fund supports technology for agency communication and collaboration on youth care and protection, with no funding amount specified. Deposits follow required Bond Security and Redemption Fund steps; unused, uncommitted balances carry forward and investment earnings stay in the fund.
Jefferson Parish gains road and walkway options
Jefferson Parish gains more permitted uses for money appropriated from the Motor Vehicle License Tax Regional Maintenance and Improvement Fund. Alongside Westbank Expressway/U.S. 90 Business corridor work, it can fund LA 45 maintenance and improvements. It can also fund walkways and pedestrian bridges along LA 541, or River Road. Allowed uses include operating and maintaining lighting previously handled by the state transportation department. Projects must be in Jefferson Parish, and spending remains limited to the specified purposes.
Local governments get broadband damage repair funding
Beginning July 1, 2026, the treasurer deposits $5 million each year from the Local Revenue Fund into the Local Infrastructure Fund. This money reimburses local governments for qualifying expenses to repair or reduce damage caused by broadband-service expansion. It pays local infrastructure costs, not household checks.
Louisiana adds money to energy funds
The law transfers State General Fund (Direct) money to three energy-related accounts. The Oil and Gas Regulatory Dedicated Fund Account receives $5 million. The Carbon Dioxide Geologic Storage Trust Fund receives $1 million, and the Federal Energy Settlement Fund receives $2.4 million. These transfers do not set household energy prices or direct payments.
Louisiana funds industry and innovation initiatives
For fiscal year 2026–2027, the law assigns remaining Louisiana Economic Development Initiatives Fund money to three uses. The treasurer deposits $5 million into the Rapid Response Fund. Another $5 million supports economic development aimed at the wood pellet industry. Statewide innovation initiatives receive $2 million. The law does not name individual business recipients or establish household payments.
Louisiana funds sites and Vinton Harbor repayment
In fiscal year 2026–2027, the first $50 million received by the Louisiana Economic Development Initiatives Fund goes to the Site Investment and Infrastructure Improvement Fund. From that year's site fund deposits, $5.9 million serves as repayment on behalf of the Vinton Harbor and Terminal District. The treasurer must invest site fund money in a separate portfolio. Earnings after investment expenses go to Louisiana Economic Development as program revenue, usable only for the fund's legal purposes.
Shreveport and New Orleans receive investment funding
For fiscal year 2026–2027, remaining Louisiana Economic Development Initiatives Fund money supports two healthcare-related investments. The law directs $25 million to healthcare-industry investments at Louisiana State University Health Sciences Center at Shreveport. It directs $10 million to economic development tied to Charity Hospital and Medical Center of Louisiana redevelopment in New Orleans. These allocations do not provide patient health coverage or household payments.
Louisiana creates a strategic investment fund
The law creates the Strategic Investments Across Louisiana Fund. Deposits follow required Bond Security and Redemption Fund steps, and spending requires an appropriation. Unspent money not committed to obligations carries forward, and investment earnings stay in the fund. The law sets no funding amount or future recipients.
Early childhood fund gains revenue sources
The Louisiana Early Childhood Education Fund receives state money specified in R.S. 39:82(J), qualifying appropriations, grants, gifts, and donations. Grants, gifts, and donations must support the fund's purposes; federal Child Care and Development Fund Program money is excluded. For fiscal year 2025–2026, the treasurer transfers qualifying year-end balances from legislative or Interim Emergency Board appropriations to the education department. Dedicated money retained by its own fund is excluded. Money with a valid liability on June 30, 2026, is also excluded.
Louisiana adds funding for children's reading
The law transfers $900,000 from the State General Fund (Direct) to the Imagination Library of Louisiana Fund. It also transfers $1 million from the same source to the Reading Enrichment and Academic Deliverables Fund. These transfers fund education accounts but do not set family eligibility or promise household payments.
Two colleges receive campus and training funding
For fiscal year 2026–2027, remaining Higher Education Campus Revitalization Fund deposits support two colleges. Louisiana State University at Alexandria receives a $3.8 million allocation for land acquisitions and facilities. River Parishes Community College receives a $3.3 million allocation for training initiative costs. The law does not guarantee individual student payments or benefits.
Hurricane Ida recipients face spending deadlines
Entities receiving Louisiana Hurricane Ida Recovery Fund money must spend it by June 30, 2027. They must return unspent money to the state treasury by August 1, 2027. An obligation does not count as spending unless it is paid in full.
State legal fund grows but stays capped
Beginning July 1, 2026, the Department of Justice Legal Support Fund's annual deposit cap and maximum balance rise from $15 million to $20 million. Deposits follow required Bond Security and Redemption Fund steps. Annual deposits cover only the amount needed to bring the balance to $20 million, within the annual cap. Proceeds received after the annual deposit limit is reached go to the State General Fund.
Qualifying budget cuts move to overcollections fund
The law requires Overcollections Fund deposits matching qualifying State General Fund (Direct) appropriations vetoed in the 2026 HB 1 and HB 312 acts. HB 312 coverage applies to line-item appropriations. The veto must fall outside Article IV, Section 5(G)(2), and lawmakers must not override it. Qualifying HB 1 reductions under Article VIII, Section 13(B), also trigger deposits, requiring written consent from two-thirds of each house's elected members. The reduction rule excludes Minimum Foundation Program instructional funding; no total deposit amount is set.
Sponsors & Cosponsors
Sponsor
Jack McFarland
Republican • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
House vote • 5/29/2026
Read by title, roll called, yeas 99, nays 0, Senate amendments concurred in.
Yes: 99 • No: 0
Senate vote • 5/26/2026
Rules suspended. Senate floor amendments read and adopted. Read by title, passed by a vote of 38 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
Yes: 38 • No: 0
House vote • 4/16/2026
Read third time by title, roll called on final passage, yeas 104, nays 0. Finally passed, title adopted, ordered to the Senate.
Yes: 104 • No: 0
House vote • 4/13/2026
Reported with amendments
Yes: 16 • No: 0
Actions Timeline
Signed by the Governor. Becomes Act No. 636.
6/2/2026HouseEffective date: See Act.
6/2/2026HouseSigned by the President of the Senate.
6/1/2026SenateSent to the Governor for executive approval.
6/1/2026HouseEnrolled and signed by the Speaker of the House.
5/31/2026HouseRead by title, roll called, yeas 99, nays 0, Senate amendments concurred in.
5/29/2026HouseScheduled for concurrence on 05/29/2026.
5/27/2026HouseRules suspended. Senate floor amendments read and adopted. Read by title, passed by a vote of 38 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
5/26/2026SenateReceived from the Senate with amendments.
5/26/2026HouseRead by title; made Special Order of the Day No. 3 for 5/26.
5/25/2026SenateRules suspended. Reported with amendments. Rules suspended. Committee amendments read and adopted. Read by title and referred to the Legislative Bureau.
5/21/2026SenateReported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
5/21/2026SenateRead second time by title and referred to the Committee on Finance.
4/21/2026SenateReceived in the Senate. Read first time by title and placed on the Calendar for a second reading.
4/20/2026SenateRead third time by title, roll called on final passage, yeas 104, nays 0. Finally passed, title adopted, ordered to the Senate.
4/16/2026HouseRead by title, amended, ordered engrossed, passed to 3rd reading.
4/14/2026HouseMade Special Order of the day No. 5 for 04/16/2026.
4/14/2026HouseReported with amendments (16-0).
4/13/2026HouseRead by title, under the rules, referred to the Committee on Appropriations.
3/9/2026HouseFirst appeared in the Interim Calendar on 2/27/2026.
2/27/2026HousePrefiled.
2/24/2026HouseUnder the rules, provisionally referred to the Committee on Appropriations.
2/24/2026House
Bill Text
Enacted
Engrossed
Enrolled
Introduced
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