FUNDS/FUNDING: Provides for the creation, transfer, dedication, deposit, and use of certain funds. (gov sig) (OR SG EX See Note)
SB 183 establishes a new "Reserve Fund" as a special fund within Louisiana's state treasury. It allows money to be added to this fund through legislative transfers, donations, or appropriations, and requires all unspent balances from each fiscal year to remain in the fund. The state treasurer must invest these funds identically to the general fund, with all interest credited back to the Reserve Fund. Withdrawals from the fund can only occur through new legislative appropriations, not automatic spending. This bill creates a structured financial mechanism for managing state funds but does not directly affect specific individuals or organizations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 25, 2026
Last action Mar 9, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 9, 2026
Committee
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Finance.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Glen Womack
RRepublican
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