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HB 290LOUISIANASession 2026State BillSigned into law

Enacted

Louisiana re-creates the Department of the Treasury and sets a new termination date of July 1, 2031

Original title: SUNSET LAW: Re-creates the Department of the Treasury and the statutory entities made a part of the department by law (EN NO IMPACT See Note)

Last action · May 29, 2026: Effective date: 06/30/2026.Sponsor: Jack McFarland

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Floor Vote

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What This Bill Does

Louisiana re-creates the Department of the Treasury and its associated statutory entities effective June 30, 2026, extending their legislative authority until July 1, 2031. The act repeals prior termination timelines and establishes a new phase-out schedule under the state's s.

Why it matters

Extends the legal existence and operational authority of the state treasury system for five years, preventing statutory expiration under state review laws.

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

Department of the Treasury

The department's legal existence and statutory authority are extended through June 30, 2031.

Key Facts

The Department of the Treasury and its statutory entities are re-created effective June 30, 2026.
All statutory authority for the Department of the Treasury shall cease on July 1, 2031, unless re-created again prior to that date.
R.S. 49:191(3)(b) is enacted to set July 1, 2030, as the beginning of the termination phase-out operations, with cessation on July 1 of the following year.
R.S. 49:191(1)(i) is repealed in its entirety.

Show all 5 facts

The Act becomes effective on June 30, 2026.

Frequently Asked Questions

What does House Bill 290 do for the Department of the Treasury?

It re-creates the Department of the Treasury and its associated statutory entities, extending their legal authority through June 30, 2031.

When does the new law take effect?

The Act becomes effective on June 30, 2026.

What else do you want to know?

News Coverage

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Where This Stands

Current status: Signed into law.

Procedural history

20 actions

May 29, 2026HouseEnrolled
Signed by the Governor. Becomes Act No. 426.
May 29, 2026House
Effective date: 06/30/2026.
May 21, 2026House
Sent to the Governor for executive approval.
May 20, 2026House
Received from the Senate without amendments.
May 20, 2026HouseEnrolled
Enrolled and signed by the Speaker of the House.
May 20, 2026SenateEnrolled
Signed by the President of the Senate.

Show 14 earlier actions

May 19, 2026SenateFloor
Rules suspended. Read by title, passed by a vote of 33 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
May 13, 2026SenateFloor
Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
May 12, 2026SenateIntroduced
Read by title and referred to the Legislative Bureau.
May 11, 2026SenateCommittee
Reported favorably.
Apr 8, 2026SenateCommittee
Read second time by title and referred to the Committee on Finance.
Apr 7, 2026HouseFloor
Read third time by title, roll called on final passage, yeas 98, nays 0. Finally passed, title adopted, ordered to the Senate.
Apr 7, 2026Senate
Received in the Senate. Read first time by title and placed on the Calendar for a second reading.
Apr 1, 2026House
Scheduled for floor debate on 04/07/2026.
Mar 31, 2026HouseFloor
Read by title, ordered engrossed, passed to 3rd reading.
Mar 30, 2026HouseCommittee
Reported favorably (18-0).
Mar 9, 2026HouseIntroduced
Read by title, under the rules, referred to the Committee on Appropriations.
Feb 27, 2026House
First appeared in the Interim Calendar on 2/27/2026.
Feb 24, 2026House
Prefiled.
Feb 24, 2026HouseCommittee
Under the rules, provisionally referred to the Committee on Appropriations.

Version history

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

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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.

Connected Entities

Department of the Treasury, Jack McFarland

OrganizationDepartment of the Treasury“State department being re-created under the sunset law.”Map →

PersonJack McFarland“Representative who introduced House Bill No. 290.”Map →

Sources

Open source document

www.legis.la.gov

Analysis Score

0–100

Significance40
How much this matters to a regular citizen
Controversy0
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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