FUNDS/FUNDING: Increases the maximum balance of the Hazardous Waste Site Cleanup Fund (EN NO IMPACT See Note)
HB 417 increases the maximum balance of Louisiana's Hazardous Waste Site Cleanup Fund from a fixed $6.8 million to an amount adjusted annually based on the Consumer Price Index (CPI) starting January 1, 2027. This change affects how the state manages funds generated from hazardous waste cleanup penalties, settlements, and fees collected under environmental laws. The bill requires the state treasurer to redirect excess funds above the new, inflation-adjusted cap into the Environmental Trust Fund, rather than the previous fixed limit. The adjustment mechanism ensures the fund's capacity grows with inflation, avoiding future budget constraints from rising costs. The bill takes effect July 1, 2026.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2026
Committee Review
May 2026
House Passage
Apr 2026
Senate Passage
May 2026
Signed into Law
May 2026
Introduced Feb 25, 2026
Signed May 29, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
HB417 Original
→
HB417 Act 551
·
2 edits
MINOR
This bill increases the maximum balance of the Hazardous Waste Site Cleanup Fund from $6 million to $8 million to provide more resources for site remediation. Additionally, it requires the state treasurer to annually adjust this maximum limit starting January 1, 2027, based on the Consumer Price Index to maintain the fund's purchasing power over time.
FISCAL
The maximum allowable balance in the Hazardous Waste Site Cleanup Fund was increased from $6 million to $8 million.
REQUIREMENT
A new requirement was added for the state treasurer to annually adjust the fund's maximum balance beginning January 1, 2027, using the percentage increase in the Consumer Price Index for All Urban Consumers.
Floor votes · Senate May 21, 2026 · House Apr 7, 2026
How they voted
36–0
Passed · 4 other
Total votes 40
May 21, 2026
D
Democratic12
91% Yea
R
Republican28
89% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
20
Key actions
4
Committee
5
May 21, 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 14, 2026
Committee
Read by title and referred to the Legislative Bureau.
upper
May 13, 2026
Upper · Passed
Reported favorably.
upper
Apr 7, 2026
Lower · Passed
Read third time by title, roll called on final passage, yeas 91, nays 7. Finally passed, title adopted, ordered to the Senate.
lower
Mar 30, 2026
Lower · Passed
Reported favorably (19-0).
lower
Mar 9, 2026
Committee
Read by title, under the rules, referred to the Committee on Appropriations.
lower
Feb 25, 2026
Committee
Under the rules, provisionally referred to the Committee on Appropriations.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jerome Zeringue
RRepublican
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