TAX/SEVERANCE TAX: Establishes the Belle Chasse Bridge Merit-Based Special Fund and provides for use of the monies in the fund (RE -$11,476,249 GF RV See Note)
HB 488 establishes the Belle Chasse Bridge Merit-Based Special Fund using 1/5 of severance tax revenues collected from Plaquemines Parish that would otherwise go to the state general fund. The fund's money must be used exclusively to reduce tolls on the Belle Chasse Bridge, pay developer costs for an early contract handback, cover annual inflation adjustments, or fund related transportation projects. It directly affects Plaquemines Parish residents (through severance tax contributions) and bridge users (through toll adjustments). The bill takes effect July 1, 2026, and creates a dedicated funding mechanism for the Belle Chasse Bridge public-private partnership contract.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2026
Committee Review
Apr 2026
House Passage
May 2026
Senate Passage
Governor
Introduced Feb 26, 2026
Last action May 7, 2026
Maddy AI version diff · 2 comparisons
What changed between versions
HB488 Reengrossed
→
HB488 Engrossed
·
3 edits
·
May 5, 2026
MINOR
The bill was re-engrossed to correct formatting and update the digest to reflect new spending categories. The most significant substantive change is the addition of a new provision allowing fund monies to pay annual Consumer Price Index (CPI) buy-down payments in the Belle Chasse Bridge contract, reversing a previous House amendment that had removed this authorization. The bill also clarifies that the fund is established after allocations to the Bond Security and Redemption Fund.
Scope change
The scope of fund usage was expanded to include CPI buy-down payments, and the legislative text was refined to clarify the fund's establishment sequence relative to other constitutional allocations.
FISCAL
Added a new spending category allowing the fund to pay annual Consumer Price Index (CPI) buy-down payments in the Belle Chasse Bridge public-private partnership contract.
TECHNICAL
Corrected the bill header from 'Reengrossed' to 'Engrossed' and updated the abstract/digest to accurately describe the new spending categories and fund establishment details.
REQUIREMENT
Clarified that the fund is established after money is allocated to the Bond Security and Redemption Fund as required by the state Constitution.
Floor votes · House May 5, 2026
How they voted
99–0
Passed · 6 other
Total votes 105
May 5, 2026
D
Democratic33
93% Yea
R
Republican72
94% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
10
Key actions
2
Committee
3
May 5, 2026
Lower · Passed
Read third time by title, amended, roll called on final passage, yeas 99, nays 0. Finally passed, title adopted, ordered to the Senate.
lower
Apr 27, 2026
Lower · Passed
Reported with amendments (20-0).
lower
Mar 9, 2026
Committee
Read by title, under the rules, referred to the Committee on Appropriations.
lower
Feb 26, 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
Jacob Braud
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 488
Scope: LA
Hi! I can help you understand HB 488. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline