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Enacted

Louisiana Updates Cost-of-Living Adjustments and Employer Contributions for the Assessors' Retirement Fund

Original title: RETIREMENT/ASSESSORS: Provides relative to cost-of-living adjustments for the Louisiana Assessors' Retirement Fund (EN INCREASE APV)

Last action · May 29, 2026: Effective date: 05/29/2026.Sponsor: Stephanie Berault

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Does

Louisiana House Bill 47 authorizes the board of trustees of the Assessors' Retirement Fund to grant permanent monthly cost-of-living adjustments based on specific system s and investment earnings, while establishing rules for employer contributions and funding deposit accounts.

Why it matters

Retired assessors, beneficiaries, and participating employers face updated rules regarding pension adjustments and contribution rates that affect the financial obligations and benefit payouts of the Louisiana Assessors' Retirement Fund.

Background
  • The Assessors' Retirement Fund provides retirement and benefit allowances for tax assessors and their eligible employees across Louisiana. context
  • House Bill 47 was enacted during the 2026 Regular Session of the Louisiana Legislature and signed into law as Act 528. context

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Retired members and beneficiaries of the Assessors' Retirement Fund

Eligible retirees and beneficiaries may receive cost-of-living adjustments and permanent monthly benefit increases subject to the system's funded ratio and board approval.

Directly affected

Tax assessors and participating employers

Employers are subject to required contribution rates and rules governing employer contributions and funding deposit accounts.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What conditions allow the board to grant a cost-of-living adjustment when the funded ratio is below one hundred percent?
The board may grant an increase if the system has a of at least ninety percent with no increase in the most recent fiscal year, at least eighty percent with no increase in the two most recent fiscal years, or at least seventy percent with no increase in the three most recent fiscal years.
What is the funding deposit account used for?
Funds in the account may be charged to reduce future normal costs, pay all or a portion of future net direct employer contributions, or provide for cost-of-living increases in accordance with applicable law.

What else do you want to know?

News Coverage

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Where This Stands

Current status: Signed into law.

Procedural history

25 actions
  1. May 29, 2026HouseEnrolled
    Signed by the Governor. Becomes Act No. 528.
  2. May 29, 2026House
    Effective date: 05/29/2026.
  3. May 28, 2026House
    Sent to the Governor for executive approval.
  4. May 27, 2026HouseEnrolled
    Enrolled and signed by the Speaker of the House.
  5. May 27, 2026SenateEnrolled
    Signed by the President of the Senate.
  6. May 26, 2026Senate
    Rules suspended. Called from the Calendar.
Show 19 earlier actions
  1. May 26, 2026SenateFloor
    Read by title, passed by a vote of 36 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
  2. May 26, 2026House
    Received from the Senate without amendments.
  3. May 18, 2026Senate
    Rules suspended.
  4. May 18, 2026SenateIntroduced
    Read by title and returned to the Calendar, subject to call.
  5. May 13, 2026SenateFloor
    Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
  6. May 12, 2026SenateIntroduced
    Read by title and referred to the Legislative Bureau.
  7. May 11, 2026SenateCommittee
    Reported favorably.
  8. Apr 14, 2026SenateIntroduced
    Read by title. Recommitted to the Committee on Finance.
  9. Apr 13, 2026SenateCommittee
    Reported favorably.
  10. Mar 31, 2026SenateCommittee
    Read second time by title and referred to the Committee on Retirement.
  11. Mar 30, 2026Senate
    Received in the Senate. Read first time by title and placed on the Calendar for a second reading.
  12. Mar 26, 2026HouseFloor
    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.
  13. Mar 25, 2026House
    Scheduled for floor debate on 03/26/2026.
  14. Mar 24, 2026HouseFloor
    Read by title, ordered engrossed, passed to 3rd reading.
  15. Mar 23, 2026HouseCommittee
    Reported favorably (9-0).
  16. Mar 9, 2026HouseIntroduced
    Read by title, under the rules, referred to the Committee on Retirement.
  17. Jan 23, 2026House
    Prefiled.
  18. Jan 23, 2026HouseCommittee
    Under the rules, provisionally referred to the Committee on Retirement.
  19. Jan 23, 2026House
    First appeared in the Interim Calendar on 1/23/2026.

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Restructuring of Retirement Fund Adjustments

The legislation repeals several older statutory subsections relating to retirement funds while establishing new criteria for board-granted cost-of-living adjustments tied directly to system funded ratios.

Connected Entities

Louisiana Legislature, Assessors' Retirement Fund, Stephanie Berault
OrganizationLouisiana Legislature“Body that enacted House Bill 47”Map →
OrganizationAssessors' Retirement Fund“Retirement system for Louisiana assessors and their employees”Map →
PersonStephanie Berault“Representative who sponsored House Bill 47”Map →

Sources

Open source document

www.legis.la.gov

Analysis Score

0–100
  • Significance60
    How much this matters to a regular citizen
  • Controversy15
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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