RETIREMENT SYSTEMS: Provides for educational requirements for trustees of certain retirement system boards. (8/31/26) (EN NO IMPACT FC)
SB 16 requires trustees of Louisiana's public retirement systems to complete specific annual training. Trustees must attend 8 hours of investment training, 4 hours of actuarial science education, 2 hours on applicable laws, and 2 hours on ethics and fiduciary responsibilities each year. New trustees appointed after June 1, 2026, only need to comply with these requirements starting from their appointment. The law takes effect on August 31, 2026, and applies to all trustees serving on retirement system boards.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2026
Committee Review
May 2026
Senate Passage
Mar 2026
House Passage
May 2026
Signed into Law
May 2026
Introduced Jan 23, 2026
Signed May 15, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
SB16 Original
→
SB16 Act
·
4 edits
MODERATE
This bill was finalized as an enrolled act, adding co-author Representative Bacala and formal signatures from the Senate President, House Speaker, and Governor. The substantive policy content remains focused on updating educational requirements for retirement system trustees, with the effective date set for August 31, 2026.
Scope change
The bill's scope remains unchanged as it continues to apply to the same twelve Louisiana public retirement systems; the change is purely procedural, reflecting the bill's progression from draft to final law.
TECHNICAL
Added Representative Bacala as a co-author to the bill.
Updated the document header from 'ORIGINAL' to 'ENROLLED' and added official signatures from the President of the Senate, Speaker of the House, and Governor.
Inserted a new Section 2 specifying that the Act becomes effective on August 31, 2026, or later if approved after a veto.
Reorganized the text to remove the legislative digest and formatting notes, presenting only the final statutory language.
Floor votes · Senate Mar 23, 2026 · House May 12, 2026
How they voted
36–0
Passed · 3 other
Total votes 39
Mar 23, 2026
D
Democratic11
100% Yea
R
Republican28
89% 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 12, 2026
Lower · Passed
Read third time by title, roll called on final passage, yeas 97, nays 0. Finally passed, ordered to the Senate.
lower
May 6, 2026
Introduced
Reported without Legislative Bureau amendments.
lower
May 5, 2026
Lower · Passed
Reported favorably (15-0). Referred to the Legislative Bureau.
lower
Mar 25, 2026
Committee
Read by title, under the rules, referred to the Committee on Retirement.
lower
Mar 23, 2026
Upper · Passed
Read by title, passed by a vote of 35 yeas and 0 nays, and sent to the House. Motion to reconsider tabled.
upper
Mar 10, 2026
Upper · Passed
Reported favorably.
upper
Mar 9, 2026
Committee
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Retirement.
upper
1 primary · 1 co-sponsor
Sponsors
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