RETIREMENT/ASSESSORS: Provides relative to cost-of-living adjustments for the Louisiana Assessors' Retirement Fund (EN INCREASE APV)
HB 47 updates Louisiana's Assessors' Retirement Fund by changing how cost-of-living adjustments (COLAs) are calculated and approved for retirees. It allows the board of trustees to grant COLAs up to 3% of a retiree's original benefit (capped at $300 annually) or a minimum $20 monthly payment for those 65+, based on the fund's financial health (requiring a 100% funded ratio or specific lower thresholds). The bill also modifies employer contributions, requiring assessors and the retirement fund board to pay 3.5% of eligible salaries toward the fund. These changes directly affect retired assessors, their beneficiaries, and current assessors who fund the retirement system.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2026
Committee Review
May 2026
House Passage
Mar 2026
Senate Passage
May 2026
Signed into Law
May 2026
Introduced Jan 23, 2026
Signed May 29, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
HB47 Original
→
HB47 Act 528
·
2 edits
MINOR
The bill was enrolled as Act No. 528, changing the document status from a draft to an official act. The substantive policy text regarding cost-of-living adjustments for the Louisiana Assessors' Retirement Fund was removed from the enrolled version, leaving only the title and initial coding instructions. This suggests the final enacted law may differ significantly from the text shown in the original draft or that the specific retirement fund provisions were not included in this final version.
Scope change
The bill's scope regarding the Assessors' Retirement Fund is effectively removed from the enrolled text provided, as the specific sections detailing cost-of-living adjustments and funding ratios were deleted.
SCOPE
All specific provisions regarding cost-of-living adjustments, funding ratios, and benefit calculations for the Louisiana Assessors' Retirement Fund were removed from the enrolled version.
TECHNICAL
The document header was updated to reflect 'ENROLLED' status and 'ACT No. 528', indicating the bill has been signed into law, while the page count was reduced from 8 to 6 pages.
Floor votes · Senate May 26, 2026 · House Mar 26, 2026
How they voted
37–0
Passed · 3 other
Total votes 40
May 26, 2026
D
Democratic12
91% Yea
R
Republican28
92% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
25
Key actions
5
Committee
7
May 26, 2026
Upper · Passed
Read by title, passed by a vote of 36 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
upper
May 12, 2026
Committee
Read by title and referred to the Legislative Bureau.
upper
May 11, 2026
Upper · Passed
Reported favorably.
upper
Apr 14, 2026
Committee
Read by title. Recommitted to the Committee on Finance.
upper
Apr 13, 2026
Upper · Passed
Reported favorably.
upper
Mar 26, 2026
Lower · Passed
Read third time by title, roll called on final passage, yeas 91, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.
lower
Mar 23, 2026
Lower · Passed
Reported favorably (9-0).
lower
Mar 9, 2026
Committee
Read by title, under the rules, referred to the Committee on Retirement.
lower
Jan 23, 2026
Committee
Under the rules, provisionally referred to the Committee on Retirement.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Stephanie Berault
RRepublican
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