Maddy summaryHB 470 requires financial providers offering revenue-based financing to businesses to provide clear written disclosures before transactions begin. It directly affects commercial enterprises (like startups or small businesses) using this financing model, which ties repayments to a percentage of their revenue. Key provisions mandate disclosure of the total funds provided, actual disbursement amounts, total payments due, total cost, payment terms, and prepayment costs. The bill ensures businesses understand all financial terms upfront, promoting transparency in these agreements.
Sponsored bills
Maddy summarySB 154 criminalizes the possession, distribution, and manufacture of kratom by classifying its active compounds (7-hydroxymitragynine and mitragynine) as Schedule I controlled substances. It directly affects individuals who use or distribute kratom products, with limited exceptions for medical prescriptions under specific state law. The bill imposes fines and prison terms ranging from up to 3 years for small amounts to up to 5 years for larger quantities, while allowing possession of small amounts (under 20 grams) to be punished by fines only. It replaces previous exemptions for kratom and defines "kratom" broadly to include any substance derived from the Mitragyna speciosa plant or containing its active compounds. The law takes effect on August 1, 2025.
Maddy summaryThis is a ceremonial resolution, not a legislative bill with policy provisions. It expresses the Louisiana House of Representatives' condolences on the death of Phil Alexander Robertson, a Duck Commander founder and "Duck Dynasty" star who was a prominent figure in northeast Louisiana. The resolution honors his life, family values, faith, and economic impact through his business, highlighting his 60-year marriage to Kay and his role as a community leader. It has no effect on laws or regulations, serving solely as a symbolic gesture of respect.
Maddy summarySB 190 designates specific road segments in certain parishes to honor fallen law enforcement officers. The bill amends existing road descriptions to clarify the designated sections (e.g., changing "overpass to" to "overpass and"). It has no funding requirements or new obligations - it solely provides a commemorative name for existing roadways. The bill passed unanimously in the Senate (39-0) and is now moving to the House for consideration.
Maddy summaryHB 508 would provide free parking at Port of New Orleans cruise terminals for Louisiana veterans with a service-connected disability of 50% or more. To qualify, veterans must show proof of disability (via a military honor license plate or VA-certified letter) and Louisiana residency (using a driver's license or ID card). The exemption applies only to designated Port-owned parking lots at cruise terminals, not general parking, and expires after seven days without charge - longer stays incur fees. The bill also requires the Port to publicize this exemption through brochures, websites, and signage. This directly affects eligible disabled veterans using the Port's cruise terminals.
Maddy summaryHB 374 requires online travel platforms (like booking websites) that facilitate hotel, cottage, or cabin rentals to collect and remit local hotel occupancy taxes, similar to how they handle sales taxes. Starting January 1, 2026, these platforms must pay the same occupancy taxes that local governments levy on stays in hotels, motels, or similar accommodations. The bill specifically adds "shared hotel brand" (e.g., Marriott or Hilton-branded properties) to the definition of taxable accommodations. This change shifts the tax collection responsibility from local governments to the platforms, directly affecting online booking services and the hotels using them.
Maddy summaryHB 24 amends Louisiana's Teachers' Retirement System to change the optional retirement plan's contribution rules. It requires teachers enrolled in the optional plan to pay the full annual actuarial cost of participation, rather than a portion. Additionally, the bill establishes that if a teacher elects to switch from the optional plan to the regular retirement plan, their contributions to the optional plan stop after the election month, and they immediately transition to the regular plan with employer contributions resuming. This directly affects current participants in the optional retirement plan who choose to switch or remain in the plan.
Maddy summaryThis is a ceremonial resolution (SCR 57) passed by the Louisiana State Legislature to express condolences for Steven J. Miguez, a businessman and community member from Iberia Parish, following his death on February 24, 2025. The resolution recognizes his life of service, including founding businesses like Iberia Crew Boat & Marine Service and Miguez Fuel, his competitive shooting achievements, and his family. It has no policy provisions or direct effect on laws or constituents - it solely offers legislative condolences to his family. The resolution was adopted unanimously by the Senate (34-0) and passed through the House without amendments.
Maddy summaryHB 450 requires all motor vehicle insurers operating in Louisiana to reduce their bodily injury liability and property damage insurance rates by at least 2% in every service area. Insurers must file these reduced rates with the state insurance commissioner within 60 days of the bill's effective date. The rate reduction savings will apply to policyholders when they renew existing policies or purchase new coverage. This bill directly affects insurance companies and their customers by mandating a specific, uniform rate cut. The legislation does not address evidentiary rules as suggested by its title, focusing solely on insurer rate adjustments.
Maddy summaryHB 431 requires motor vehicle insurers operating in Louisiana to reduce their combined bodily injury and property damage liability insurance rates by at least 2% in each service area. Insurers must file these adjusted rates with the Louisiana Insurance Commissioner within 60 days of the bill's effective date. These rate reductions apply to policyholders at the time of policy renewal or new policy issuance. The bill is currently in the legislative process (passed second reading with amendments) but has not yet become law.