AGRICULTURE/GRAIN: Provides for the assessment rate on agricultural commodities for the Grain and Cotton Indemnity Fund (EN +$626,130 SD RV See Note)
HB 370 increases the assessment rate for Louisiana's Grain and Cotton Indemnity Fund from 0.04% to 0.08% on the value of regulated agricultural commodities sold to grain dealers and cotton merchants. The bill requires these dealers to pay the assessment at the first point of sale to the state commission. This directly affects grain and cotton dealers who handle regulated commodities in Louisiana, as they will pay a higher fee on each transaction. The change aims to bolster the fund, which provides financial assistance to farmers when crop losses occur due to natural disasters. The bill does not alter eligibility for fund benefits or the fund's purpose.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2026
Committee Review
Apr 2026
House Passage
Apr 2026
Senate Passage
May 2026
Signed into Law
May 2026
Introduced Feb 24, 2026
Signed May 15, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
HB370 Original
→
HB370 Act
·
3 edits
MINOR
This bill updates the official status of House Bill 370 from its original draft to its final enrolled form, confirming it has been signed by the Governor and is now law. The substantive policy content regarding the increase in assessment rates for agricultural commodities remains unchanged from the original version.
Scope change
The bill's scope and applicability remain unchanged; no new entities, thresholds, or definitions were added or removed.
TECHNICAL
Updated the document header and footer to reflect the bill's status as 'ENROLLED' and 'ACT No. 156' instead of 'ORIGINAL' and 'HB370 Original'.
Replaced the legislative digest (summary of intent) with signatures from the Speaker of the House, President of the Senate, and the Governor, which is required for the final enrolled version of a bill.
Adjusted the effective date language to specify that the law takes effect the day after gubernatorial approval if the bill was vetoed and overridden.
Floor votes · Senate May 11, 2026 · House Apr 1, 2026
How they voted
36–0
Passed · 4 other
Total votes 40
May 11, 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
22
Key actions
5
Committee
7
May 11, 2026
Upper · Passed
Read by title, passed by a vote of 35 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
upper
Apr 28, 2026
Committee
Read by title and referred to the Legislative Bureau.
upper
Apr 27, 2026
Upper · Passed
Reported favorably.
upper
Apr 15, 2026
Committee
Read by title. Recommitted to the Committee on Revenue and Fiscal Affairs.
upper
Apr 14, 2026
Upper · Passed
Reported favorably.
upper
Apr 1, 2026
Lower · Passed
Read third time by title, roll called on final passage, yeas 99, nays 0. Finally passed, title adopted, ordered to the Senate.
lower
Mar 26, 2026
Lower · Passed
Reported favorably (14-0).
lower
Mar 9, 2026
Committee
Read by title, under the rules, referred to the Committee on Agriculture, Forestry, Aquaculture, and Rural Development.
lower
Feb 24, 2026
Committee
Under the rules, provisionally referred to the Committee on Agriculture, Forestry, Aquaculture, and Rural Development.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Rhonda Butler
RRepublican
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