Louisiana legislation · 2026 Regular Session
Louisiana SB149: BONDS: Provides relative to the issuance and sale of general obligation bonds. (gov sig) (EN NO IMPACT See Note)
Status: Signed into law, June 2, 2026
What the bill says
An act To amend and reenact R.S. 39:1365(7) and (10), relative to the issuance and sale of general obligation bonds; to provide for bid requirements; to provide relative to maturity dates; to provide for an effective date; and to provide for related matters.
From the introduced text:
AN ACT To amend and reenact R.S. 39:1365(7) and (10), relative to the issuance and sale of general obligation bonds; to provide for bid requirements; to provide relative to maturity dates; to provide for an effective date; and to provide for related matters. Be it enacted by the Legislature of Louisiana: Section 1. R.S. 39:1365(7) and (10) are hereby amended and reenacted to read as follows: §1365. Provisions for bond acts Each act authorizing the issuance and sale of general obligation bonds by the state or any of its agencies shall conform to the following provisions: * * * (7) Each bid shall be either in writing, signed by the bidder and sealed, or by facsimile or other electronic transmission device permitted by and pursuant to procedures which may be established and authorized by the State Bond Commission. Each bid, Within the timeframe established by the State Bond Commission for the sale, the winning bidder, except for bids by the federal government or the state of Louisiana or any of their respective agencies or corporations, shall be Page 1 of Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SLS 26RS-383 ORIGINAL SB NO. accompanied by provide either a wire transfer of federal funds, a certified check, or cashier's check …
Sponsors
- Foil, Franklin (R, 16) · primary sponsor
Latest actions
- : Effective date 6/2/2026.
- : Signed by the Governor. Becomes Act No. 741.
- : Sent to the Governor by the Secretary of the Senate.
- : Signed by the Speaker of the House.
- : Enrolled. Signed by the President of the Senate.
- : Notice House adopted the Conference Committee Report.
- : Conference Committee Report read, roll called, yeas 97, nays 0. The Conference Committee Report was adopted.
- : Scheduled for floor debate on 05/31/2026.
- : Notice of Senate adoption of Conference Committee Report.
- : Conference Committee Report read; adopted by a vote of 37 yeas and 0 nays.
Votes
- House Vote on SB 149, ADOPT CONFERENCE REPORT (#1794) (May 31, 2026): 97 yea, 0 nay, passed
- Senate Vote on SB 149, ADOPT (#1563) (May 29, 2026): 37 yea, 0 nay, passed
- Senate Vote on SB 149, REJECT (#535) (May 4, 2026): 31 yea, 0 nay, passed
- House Vote on SB 149, FINAL PASSAGE (#799) (April 28, 2026): 95 yea, 0 nay, passed
- Senate Vote on SB 149, FINAL PASSAGE (#71) (March 18, 2026): 32 yea, 0 nay, passed
Common questions
- What is SB149?
- SB149 is a bill in the Louisiana Legislature (2026 Regular Session): BONDS: Provides relative to the issuance and sale of general obligation bonds. (gov sig) (EN NO IMPACT See Note).
- What does SB149 do?
- In its own words: An act To amend and reenact R.S. 39:1365(7) and (10), relative to the issuance and sale of general obligation bonds; to provide for bid requirements; to provide relative to maturity dates; to provide for an effective date; and to provide for related matters.
- What is the status of SB149?
- Signed into law as of June 2, 2026. Latest action: Effective date 6/2/2026. (June 2, 2026).
- Who sponsored SB149?
- Foil, Franklin (R, 16).
- Where is the official record for SB149?
- On the Louisiana Legislature website: https://legis.la.gov/legis/BillInfo.aspx?s=26RS&b=SB149
Source: official Louisiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.