PUBLIC RECORDS: Provides for a public Settlement Agreement Information Database to contain certain information regarding settlements entered into by state agencies (EG NO IMPACT See Note)

HB 763 requires Louisiana state agencies to report settlement agreements involving alleged violations of federal or state law to a public online database. The database must include specific details for each settlement, such as the date it became final, a description of claims settled, payment amounts (with breakdowns for attorney fees, penalties, and other costs), termination conditions, and economic justification. Agencies must submit this information within 90 days of a settlement’s finalization for agreements entered after January 1, 2027, and the data will remain publicly accessible for five years. This law directly affects state agencies (which must report) and the public (which gains transparency into settlement terms and state spending).