SCHOOLS/BOARDS: Authorizes a school board to engage in a cooperative endeavor with a credit union or bank to operate a branch at a high school
HB 285 allows Louisiana high school boards to partner with credit unions to operate on-site branches at high schools. The bill requires these branches to be integrated into the state-mandated financial literacy course (R.S. 17:270), giving students hands-on experience managing personal finances. School boards must establish rules for outside use of buildings, including fees, under this new partnership framework. The policy directly affects high school students, school boards, and credit unions by embedding practical financial education into existing coursework.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2026
Committee Review
May 2026
House Passage
Mar 2026
Senate Passage
May 2026
Signed into Law
May 2026
Introduced Feb 23, 2026
Signed May 15, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
HB285 Original
→
HB285 Act
·
1 edit
MINOR
The bill was enacted into law and significantly broadened its scope by allowing school boards to partner with banks in addition to credit unions. This change expands the potential number of financial literacy programs available to students by including traditional banks as eligible partners alongside credit unions.
Scope change
The bill's scope was expanded from authorizing partnerships exclusively with credit unions to authorizing partnerships with either credit unions or banks.
ELIGIBILITY
Eligible partners for the cooperative endeavor were changed from only credit unions to include both credit unions and banks.
Floor votes · Senate May 12, 2026 · House Mar 25, 2026
How they voted
36–0
Passed · 4 other
Total votes 40
May 12, 2026
D
Democratic12
75% Yea
R
Republican28
96% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
20
Key actions
4
Committee
5
May 12, 2026
Upper · Passed
Rules suspended. Read by title, passed by a vote of 35 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
upper
May 4, 2026
Committee
Read by title and referred to the Legislative Bureau.
upper
Apr 29, 2026
Upper · Passed
Rules suspended. Reported favorably.
upper
Mar 25, 2026
Lower · Passed
Read third time by title, roll called on final passage, yeas 100, nays 0. Finally passed, title adopted, ordered to the Senate.
lower
Mar 18, 2026
Lower · Passed
Reported with amendments (14-0).
lower
Mar 9, 2026
Committee
Read by title, under the rules, referred to the Committee on Education.
lower
Feb 23, 2026
Committee
Under the rules, provisionally referred to the Committee on Education.
lower
1 primary · 25 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tony Bacala
RRepublican
Co
Alonzo Knox
DDemocratic
Co
Barbara Carpenter
DDemocratic
Co
Barbara Freiberg
RRepublican
Co
Chasity Martinez
DDemocratic
Co
Delisha Boyd
DDemocratic
Co
Denise Marcelle
DDemocratic
Co
Dustin Miller
DDemocratic
Co
Edmond Jordan
DDemocratic
Co
Jason DeWitt
RRepublican
Co
John Wyble
RRepublican
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