Photo of Valarie Hodges
R Louisiana Senate · District 13

Sen. Valarie Hodges

Compare
Total votes
10,885
all sessions
Attendance
89%
1,198 missed
Near the chamber average
With party
94%
of cast votes
Lower than 98% of chamber peers
Bipartisan score
3%
crosses aisle rarely
Higher than 94% of chamber peers
Sponsored
563
bills & resolutions
Higher than 82% of chamber peers
Committees
5
assignments
563 bills and resolutions

Sponsored bills

Total
563
Primary
158
Co-sponsor
405
This page
563
matching current filters
Primary SB 7
In committee · Louisiana Senate · Lead sponsor
RETIREMENT BENEFITS: Requires fiduciaries of public retirement systems to make investment decisions based solely on financial factors. (6/30/25) (OR SEE ACTUARIAL NOTE APV)

Maddy summaryThis bill requires Louisiana's public retirement systems (like state employee pension funds) to direct their investment managers to base all decisions solely on financial factors - such as risk and return - not on environmental, social, or political goals. It specifically prohibits considering non-financial factors (e.g., reducing emissions, promoting diversity, or divesting over ethical concerns) in investment choices or shareholder voting, defining such actions as violations. The law mandates annual public reporting of proxy votes and authorizes the state Attorney General to enforce compliance, imposing fines (up to three times the service provider’s fee) that fund pension shortfalls. The bill takes effect on June 30, 2025.

In committee Apr 14, 2025 0 co-sponsors
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