Louisiana legislation · 2026 Regular Session
Louisiana HR369: CONGRESS: Memorializes the United States Congress to take such actions as are necessary to pass legislation allowing taxpayers to establish tax-advantaged catastrophe savings accounts for disaster-related expenses
Status: Passed both chambers, June 1, 2026
What the bill says
A resolution To memorialize the United States Congress to take such actions as are necessary to pass legislation allowing taxpayers to establish tax-advantaged catastrophe savings accounts for disaster-related expenses.
From the introduced text:
A RESOLUTION To memorialize the United States Congress to take such actions as are necessary to pass legislation allowing taxpayers to establish tax-advantaged catastrophe savings accounts for disaster-related expenses. WHEREAS, Alabama, Georgia, Mississippi, and South Carolina currently provide within their respective tax codes for catastrophe savings accounts; and WHEREAS, a catastrophe savings account is a regular savings or money market account that a taxpayer designates with his financial institution as a catastrophe savings account and to which limited amounts of tax-deductible contributions may be made; and WHEREAS, the laws of the four states that provide for catastrophe savings accounts all stipulate that a taxpayer may establish only one catastrophe savings account and shall specify that the purpose of the account is to cover the amount of insurance deductibles and other uninsured portions of risks of loss from floods, hurricanes, or other catastrophic windstorm events; and WHEREAS, funds may be withdrawn from these accounts tax-free if used to pay disaster-related expenses defined in law as "qualified catastrophe expenses"; if funds are withdrawn from these accounts for purposes other than paying qualified catastrophe expenses, then the amounts withdrawn are taxed as income; and Page 1 of HLS 26RS-6066 ORIGINAL HR NO. WHEREAS, the function of catastrophe savings accounts with respect to disasterrelated expenses is similar to that of health savings accounts, established …
Sponsors
- Firment, Michael (R, 22) · primary sponsor
Latest actions
- : Taken by the Clerk of the House and presented to the Secretary of State in accordance with the Rules of the House.
- : Enrolled and signed by the Speaker of the House.
- : Read by title, roll called, yeas 86, nays 0. The resolution was adopted.
- : Scheduled for floor debate on 06/01/2026.
- : Read by title, rules suspended, passed to 3rd reading.
- : Read by title. Lies over under the rules.
Votes
- House Vote on HR 369, FINAL CONSIDERATION (#1895) (June 1, 2026): 86 yea, 0 nay, passed
Common questions
- What is HR369?
- HR369 is a bill in the Louisiana Legislature (2026 Regular Session): CONGRESS: Memorializes the United States Congress to take such actions as are necessary to pass legislation allowing taxpayers to establish tax-advantaged catastrophe savings accounts for disaster-related expenses.
- What does HR369 do?
- In its own words: A resolution To memorialize the United States Congress to take such actions as are necessary to pass legislation allowing taxpayers to establish tax-advantaged catastrophe savings accounts for disaster-related expenses.
- What is the status of HR369?
- Passed both chambers as of June 1, 2026. Latest action: Taken by the Clerk of the House and presented to the Secretary of State in accordance with the Rules of the House. (June 3, 2026).
- Who sponsored HR369?
- Firment, Michael (R, 22).
- Where is the official record for HR369?
- On the Louisiana Legislature website: https://legis.la.gov/legis/BillInfo.aspx?s=26RS&b=HR369
Source: official Louisiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.