Louisiana HB417: FUNDS/FUNDING: Increases the maximum balance of the Hazardous Waste Site Cleanup Fund (EN NO IMPACT See Note)

What the bill says

An act To amend and reenact R.S. 30:2205(A)(1), relative to the Hazardous Waste Site Cleanup Fund; to increase the maximum balance in the Hazardous Waste Site Cleanup Fund; to require annual increases to the maximum balance under certain circumstances; to provide for an effective date; and to provide for related matters.

From the introduced text:

AN ACT To amend and reenact R.S. 30:2205(A)(1), relative to the Hazardous Waste Site Cleanup Fund; to increase the maximum balance in the Hazardous Waste Site Cleanup Fund; to require annual increases to the maximum balance under certain circumstances; to provide for an effective date; and to provide for related matters. Be it enacted by the Legislature of Louisiana: Section 1. R.S. 30:2205(A)(1) is hereby amended and reenacted to read as follows: §2205. Hazardous Waste Site Cleanup Fund A.(1) All sums recovered through judgments, settlements, assessments of civil or criminal penalties, funds recovered by suit or settlement from potentially responsible parties for active or abandoned site remediation or cleanup, or otherwise under this Subtitle, or other applicable law, each fiscal year for violation of this Subtitle, shall be paid into the state treasury and shall be credited to the Bond Security and Redemption Fund. After a sufficient amount is allocated from that fund to pay all obligations secured by the full faith and credit of the state which become due and payable within any fiscal year, the treasurer, prior to placing such remaining funds in the state general fund, shall pay into a special fund, which is hereby created in the state treasury and designated as the "Hazardous Waste Site Cleanup Fund", all of those funds generated by the hazardous …

Read the full official text

Sponsors

• Zeringue, Jerome (R, 52) · primary sponsor

Latest actions

1. May 29, 2026: Effective date: 07/01/2026.
2. May 29, 2026: Signed by the Governor. Becomes Act No. 551.
3. May 26, 2026: Sent to the Governor for executive approval.
4. May 25, 2026: Signed by the President of the Senate.
5. May 25, 2026: Enrolled and signed by the Speaker of the House.
6. May 25, 2026: Received from the Senate without amendments.
7. May 21, 2026: 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.
8. May 18, 2026: Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
9. May 14, 2026: Read by title and referred to the Legislative Bureau.
10. May 13, 2026: Reported favorably.

Votes

• Senate Vote on HB 417, FINAL PASSAGE (#1156) (May 21, 2026): 35 yea, 0 nay, passed
• House Vote on HB 417, FINAL PASSAGE (#312) (April 7, 2026): 91 yea, 7 nay, passed

Common questions

What is HB417?

HB417 is a bill in the Louisiana Legislature (2026 Regular Session): FUNDS/FUNDING: Increases the maximum balance of the Hazardous Waste Site Cleanup Fund (EN NO IMPACT See Note).

What does HB417 do?

In its own words: An act To amend and reenact R.S. 30:2205(A)(1), relative to the Hazardous Waste Site Cleanup Fund; to increase the maximum balance in the Hazardous Waste Site Cleanup Fund; to require annual increases to the maximum balance under certain circumstances; to provide for an effective date; and to provide for related matters.

What is the status of HB417?

Signed into law as of May 29, 2026. Latest action: Effective date: 07/01/2026. (May 29, 2026).

Who sponsored HB417?

Zeringue, Jerome (R, 52).

Where is the official record for HB417?

On the Louisiana Legislature website: https://legis.la.gov/legis/BillInfo.aspx?s=26RS&b=HB417