WORKFORCE COMMISSION: Provides relative to payment of employees after termination of employment. (8/1/25)
SB 133 amends Louisiana law to exclude "profits interest" granted by partnership-taxed entities from standard termination payment requirements. It specifically exempts employees receiving such profits interests (common in partnership business structures) from the usual rules requiring employers to pay accrued wages upon job separation. The bill adds a new subsection (F) to Section 23:631, clarifying that existing termination payment rules do not apply to these partnership-based compensation arrangements. This change directly affects employees of entities structured as partnerships for federal tax purposes who receive profits interests as part of their compensation.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2025
Committee Review
May 2025
Senate Passage
Apr 2025
House Passage
May 2025
Signed into Law
Jun 2025
Introduced Apr 4, 2025
Signed Jun 8, 2025
Maddy AI version diff · 3 comparisons
What changed between versions
SB133 Original
→
SB133 Act
·
2 edits
MINOR
This bill enacts a new provision (R.S. 23:631(F)) that exempts certain partnership profits interests from the strict wage payment deadlines and penalties found in other sections of the law. It also clarifies that the existing rules regarding payment frequency and penalties do not apply to these specific financial arrangements, effectively creating a special category for tax-exempt partnership interests.
Scope change
The bill narrows the scope of the general wage payment laws by adding a specific exemption for profits interests granted by entities taxed as partnerships for federal income tax purposes.
ELIGIBILITY
Added a new subsection (F) to R.S. 23:631 that explicitly excludes profits interests granted by partnership-taxed entities from the law's payment requirements and penalty provisions.
REQUIREMENT
Reorganized the bill's structure to focus on enacting the new exemption rather than primarily amending existing sections, though the underlying text of the existing sections remains largely intact.
Floor votes · Senate Apr 29, 2025 · House May 27, 2025
How they voted
36–0
Passed · 1 other
Total votes 37
Apr 29, 2025
D
Democratic11
90% Yea
R
Republican26
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
18
Key actions
4
Committee
4
Amendments
1
May 27, 2025
Lower · Passed
Read third time by title, roll called on final passage, yeas 93, nays 0. Finally passed, ordered to the Senate.
lower
May 19, 2025
Introduced
Reported without Legislative Bureau amendments.
lower
May 15, 2025
Lower · Passed
Reported favorably (9-0). Referred to the Legislative Bureau.
lower
May 5, 2025
Committee
Read by title, under the rules, referred to the Committee on Labor and Industrial Relations.
lower
Apr 29, 2025
Upper · Passed
Read by title, passed by a vote of 38 yeas and 0 nays, and sent to the House. Motion to reconsider tabled.
upper
Apr 23, 2025
Upper · Passed
Reported with amendments.
upper
Apr 14, 2025
Committee
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Labor and Industrial Relations.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Thomas Pressly
RRepublican
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