Louisiana legislation · 2026 Regular Session
Louisiana HB749: FUNDS/INVESTMENTS: Authorizes the Louisiana Tuition Trust Authority to contract with a program manager for the administration of certain savings accounts (ABLE, START, and START K12 programs) and the investment of account funds (EN +$4,000,000 GF EX See Note)
Status: Signed into law, June 2, 2026
What the bill says
An act To amend and reenact R.S. 17:3084(A)(14), 3085(3), 3086, 3092(13) and (14), 3093(C)(3) and (D)(1)(f), 3095(A)(4) and (E)(2), 3100.2(12) and (13), 3100.3(B)(3) and (C)(1)(f), and 3100.5(A)(4) and to enact R.S. 17:3090(E), 3099(I) and (J), 3100.5(G), 3100.8(I) and (J), Chapter 22-C of Title 17 of the Louisiana Revised Statutes of 1950, to be comprised of R.S. 17:3100.21 through 3100.26, and R.S. 17:3129.4(D), relative to savings account programs…
From the introduced text:
AN ACT To amend and reenact R.S. 17:3084(A)(14), 3085(3), 3086, 3092(13) and (14), 3093(C)(3) and (D)(1)(f), 3095(A)(4) and (E)(2), 3100.2(12) and (13), 3100.3(B)(3) and (C)(1)(f), and 3100.5(A)(4) and to enact R.S. 17:3090(E), 3099(I) and (J), 3100.5(G), 3100.8(I) and (J), Chapter 22-C of Title 17 of the Louisiana Revised Statutes of 1950, to be comprised of R.S. 17:3100.21 through 3100.26, and R.S. 17:3129.4(D), relative to savings account programs; to provide for the administration of the ABLE Account Program, the Louisiana Student Tuition Assistance and Revenue Trust Program, and the Louisiana Student Tuition Assistance and Revenue Trust Kindergarten Through Grade Twelve Program; to authorize the Louisiana Tuition Trust Authority to enter into a contract with a program manager for the administration of the program accounts and the investment of account funds; to provide for the transfer of certain monies within the Louisiana Education Tuition and Savings Fund to the program manager; to provide for the powers and duties of the authority and the program manager; to require the authority to notify the presiding officers of the legislature and the state treasurer of the execution of the contract; to require the authority and the state treasurer to coordinate on the implementation of account transfers; to provide for definitions; to provide for effectiveness; and to provide for related matters. Page 1 of CODING: Words …