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Louisiana authorizes elderly pension protection and financial guidance program for seniors

Original title: CONSUMERS/PROTECTION: Provides for consumer protection for the elderly (EN SEE FISC NOTE GF EX See Note)

Last action · June 12, 2026: Vetoed by the Governor.Sponsors: Delisha Boyd and 21 others

Introduced
Committee
Floor Vote
Passed
Law

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Public stanceCommunity reactions are separate from the official record and reporting.

What This Bill Proposed

Louisiana authorizes the Office of Elderly Affairs to create an educational program and materials on pension protection, financial product navigation, and scam prevention for residents aged 60 and older, implemented within existing resources.

Why it matters

Residents aged 60 and older gain access to state-developed educational resources regarding retirement income management and without requiring additional state tax appropriations.

Who It Would Have Affected

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

Directly affected

Persons aged 60 and older

Senior residents may access new educational materials and resources regarding pension management, financial products, and scam prevention.

Directly affected

Caregivers

Caregivers of seniors are eligible to receive educational resources and guidance on effective retirement income management and exploitation prevention.

Directly affected

Office of Elderly Affairs

The agency is authorized to develop, coordinate, and distribute the pension protection and retirement income guidance program within existing resources.

Key Facts

  • The Office of Elderly Affairs is authorized to create the Pension Protection and Retirement Income Support and Guidance program for state residents aged 60 and older.
  • Program materials may cover pension protection, income optimization, explanations of financial products marketed to seniors, and unexpected hardship mitigation.
  • The program must include warning signs of scams, fraud, and exploitation targeting seniors, along with prevention tactics.
  • Materials are to include contact information for state agencies, legal aid organizations, dedicated hotlines, and charities.
Show all 6 facts
  • The Office of Elderly Affairs may distribute materials through existing websites, simple navigation menus, or other platforms reasonably calculated to reach seniors.
  • The program must be implemented using existing resources and existing federal, nonprofit, or private educational resources without requiring additional appropriations.

Frequently Asked Questions

Who is eligible for the Pension Protection and Retirement Income Support and Guidance program?
The program is for the benefit of persons of sixty years of age or older in the state, as well as their caregivers.
Does this bill require new state spending or appropriations?
No. The provisions must be implemented subject to the availability of existing resources and do not require additional appropriations.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Vetoed by the governor.

Procedural history

21 actions
  1. Jun 12, 2026House
    Vetoed by the Governor.
  2. May 28, 2026House
    Sent to the Governor for executive approval.
  3. May 27, 2026HouseEnrolled
    Enrolled and signed by the Speaker of the House.
  4. May 27, 2026SenateEnrolled
    Signed by the President of the Senate.
  5. May 26, 2026SenateFloor
    Rules suspended. Read by title, passed by a vote of 37 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
  6. May 26, 2026House
    Received from the Senate without amendments.
Show 15 earlier actions
  1. May 25, 2026SenateFloor
    Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
  2. May 21, 2026SenateIntroduced
    Read by title and referred to the Legislative Bureau.
  3. May 20, 2026SenateCommittee
    Reported favorably.
  4. May 12, 2026SenateCommittee
    Read second time by title and referred to the Committee on Commerce, Consumer Protection and International Affairs.
  5. May 11, 2026Senate
    Received in the Senate. Read first time by title and placed on the Calendar for a second reading.
  6. May 7, 2026HouseFloor
    Read third time by title, roll called on final passage, yeas 97, nays 0. Finally passed, title adopted, ordered to the Senate.
  7. May 6, 2026HouseFloor
    Read by title, ordered reengrossed, passed to 3rd reading.
  8. May 6, 2026House
    Scheduled for floor debate on 05/07/2026.
  9. May 5, 2026HouseCommittee
    Reported favorably (18-0).
  10. Mar 31, 2026HouseIntroduced
    Read by title, amended, ordered engrossed, recommitted to the Committee on Appropriations.
  11. Mar 30, 2026House
    Reported with amendments (12-0).
  12. Mar 9, 2026HouseIntroduced
    Read by title, under the rules, referred to the Committee on Commerce.
  13. Feb 27, 2026House
    Prefiled.
  14. Feb 27, 2026HouseCommittee
    Under the rules, provisionally referred to the Committee on Commerce.
  15. Feb 27, 2026House
    First appeared in the Interim Calendar on 2/27/2026.

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

Establishment of Senior Financial Guidance Framework

The legislation formally establishes R.S. 46:939 to direct state agency resources toward senior financial literacy and exploitation prevention.

Connected Entities

Candace Newell, Aimee Adatto Freeman, Joy Walters and 21 more
PersonCandace Newell“Co-sponsor of HB 950”Map →
PersonAimee Adatto Freeman“Co-sponsor of HB 950”Map →
PersonJoy Walters“Co-sponsor of HB 950”Map →
PersonRashid Young“Co-sponsor of HB 950”Map →
PersonKen Brass“Co-sponsor of HB 950”Map →
PersonDaryl Adams“Co-sponsor of HB 950”Map →
PersonEd Murray“Co-sponsor of HB 950”Map →
PersonMike Bayham“Co-sponsor of HB 950”Map →
PersonRodney Lyons“Co-sponsor of HB 950”Map →
PersonDoyle Boudreaux“Co-sponsor of HB 950”Map →
PersonDelisha Boyd“Representative who sponsored HB 950”Map →
PersonSylvia Taylor“Co-sponsor of HB 950”Map →
PersonKim Carver“Co-sponsor of HB 950”Map →
OrganizationSocial Security“Mentioned as a source of fixed income for seniors”Map →
PersonEd Larvadain“Co-sponsor of HB 950”Map →
PersonShaun Mena“Co-sponsor of HB 950”Map →
PersonPat Moore“Co-sponsor of HB 950”Map →
OrganizationOffice of Elderly Affairs“Authorized to create and distribute the senior guidance program”Map →
PersonVanessa Caston LaFleur“Co-sponsor of HB 950”Map →
PersonTehmi Chassion“Co-sponsor of HB 950”Map →
PersonDana Henry“Co-sponsor of HB 950”Map →
PersonBarbara Carpenter“Co-sponsor of HB 950”Map →
PersonSteven Jackson“Co-sponsor of HB 950”Map →
PersonAdrian Fisher“Co-sponsor of HB 950”Map →

Sources

Open source document

www.legis.la.gov

Analysis Score

0–100
  • Significance45
    How much this matters to a regular citizen
  • Controversy5
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz25
    Current news / social attention level

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