FUNDS/FUNDING: (Constitutional Amendment) Provides relative to the application of state monies to the unfunded accrued liability of the Teachers' Retirement System of La. (EN DECREASE SD RV See Note)
HB 473 directs Louisiana to use interest savings from paying down the Teachers' Retirement System debt to fund permanent annual pay raises for public school teachers and support staff. Specifically, it requires the state to appropriate $2,250 for teachers and $1,125 for support staff each year, starting in 2026-2027, by redirecting savings from the retirement system's debt payments. The funding will come from the Louisiana Education Quality Trust Fund, Louisiana Quality Education Support Fund, and Education Excellence Fund. This bill directly affects all public school personnel in Louisiana whose employers participate in the Teachers' Retirement System.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2025
Committee Review
Jun 2025
House Passage
May 2025
Senate Passage
Jun 2025
Signed into Law
Jun 2025
Introduced Apr 4, 2025
Signed Jun 16, 2025
Maddy AI version diff · 4 comparisons
What changed between versions
HB473 Original
→
HB473 Act 222
·
4 edits
MODERATE
The bill was converted from a constitutional amendment proposal into an enrolled joint resolution, adding Senator Edmonds as a sponsor. The substantive text regarding the Teachers' Retirement System and education funds was significantly reorganized, with the Health Excellence Fund and TOPS Fund provisions being merged and their funding allocations adjusted from one-third to one-half of investment earnings. The document also changed from a 13-page original draft to an 11-page enrolled version.
Scope change
The bill's scope expanded by adding a Senator as a co-sponsor, while the legislative intent regarding teacher retirement liabilities and education fund restructuring remains the same but is presented in a finalized format.
TECHNICAL
Added Senator Edmonds as a co-sponsor to the bill.
Changed the document title from 'ORIGINAL' to 'ENROLLED' and updated page counts from 13 to 11.
Corrected a line break error in the TOPS Fund section where 'one-third' and 'one-half' were incorrectly merged.
FISCAL
Reorganized the Health Excellence Fund and TOPS Fund sections, altering the allocation of investment earnings from one-third to one-half.
Floor votes · Senate Jun 9, 2025 · House May 12, 2025
How they voted
37–0
Passed
Total votes 37
Jun 9, 2025
D
Democratic11
100% Yea
R
Republican26
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
36
Key actions
11
Committee
12
Amendments
1
Jun 12, 2025
Lower · Passed
Notice of Senate adoption of Conference Committee Report.
lower
Jun 12, 2025
Upper · Passed
Conference Committee Report read; adopted by a vote of 37 yeas and 0 nays.
upper
Jun 12, 2025
Upper · Passed
Notice House adopted the Conference Committee Report.
upper
Jun 12, 2025
Lower · Passed
Conference Committee Report read, roll called, yeas 97, nays 0. Having received two-thirds vote of the elected members, the Conference Committee Report was adopted.
lower
Jun 12, 2025
Lower · Passed
Conference Committee report received. Lies over under the rules.
lower
Jun 11, 2025
Upper · Passed
Notice House Conference Committee members appointed.
upper
Jun 11, 2025
Upper · Passed
Senate conference committee members appointed: Edmonds, Price, and Stine.
upper
Jun 9, 2025
Upper · Passed
Senate floor amendments read and adopted. Read by title, passed by a vote of 39 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
upper
Jun 4, 2025
Upper · Passed
Reported with amendments. Rules suspended. Committee amendments read and adopted. Read by title and referred to the Legislative Bureau.
upper
May 12, 2025
Lower · Passed
Read third time by title, amended, roll called on final passage, yeas 95, nays 1. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.
lower
May 6, 2025
Introduced
Reported without amendments (13-0).
lower
Apr 29, 2025
Committee
Read by title, ordered engrossed, recommitted to the Committee on Civil Law and Procedure.
lower
Apr 28, 2025
Lower · Passed
Reported favorably (15-0. To be recommitted to the Committee on Civil Law and Procedure.
lower
Apr 14, 2025
Committee
Read by title, under the rules, referred to the Committee on Ways and Means.
lower
Apr 4, 2025
Committee
Under the rules, provisionally referred to the Committee on Ways and Means.
lower
1 primary · 1 co-sponsor
Sponsors
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