The 2023 Regular Legislative Session will convene at noon on Monday, April 10. Final Adjournment will be no later than 6:00 p.m. on Thursday, June 8.
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2023 Bills Affecting TRSL
Bill No. | Author | Description | Status | Board Position |
Permanent Benefit Increase (PBI) Funding/Granting/Eligibility | ||||
SB 18 | Sen. Edward J. “Ed” Price | RETIREMENT SYSTEMS: Provides for benefit increases for retirees, beneficiaries, and survivors of state retirement systems and the funding therefor. | Signed by the Speaker | Support |
Payments Toward UAL | ||||
HB 47 | Rep. Richard Nelson | APPROPRIATIONS: (Constitutional Amendment) To require the legislature to appropriate no less than twenty-five percent of nonrecurring state revenues for application to certain state retirement system unfunded accrued liability. | Pending Senate Final Passage | Support |
HB 170 | Rep. Christopher Turner | FUNDS/FUNDING: Dedicates portion of 0.45% state sales tax to payment of the Teachers' Retirement System of La. initial unfunded accrued liability. | Pending Senate Finance | Support |
HB 560 | Rep. Jerome Zeringue | APPROPRIATIONS/SUPPLEML: Makes supplemental appropriations for Fiscal Year 2022-2023. | Pending Senate Final Passage | Support |
HB 550 | Rep. Jerome Zeringue | FUNDS/FUNDING: Provides for the transfer, deposit, and use of monies among state funds | Pending Senate Final Passage | |
HB 1 | Rep. Jerome Zeringue | APPROPRIATIONS: Provides for the ordinary operating expenses of state government for Fiscal Year 2023-2024 | Pending Senate Final Passage | |
Public Meetings | ||||
SB 201 | Sen. Sharon Hewitt | PUBLIC MEETINGS: Provides for meetings of boards and commissions via electronic means. | Pending House Final Passage | |
Investments/ESG-Related | ||||
HCR 70 | Rep. Beau Beaullieu | RETIREMENT SYSTEMS: Requests retirement systems and the state treasurer to report on companies that do not invest in certain energy companies | Sent to the Secretary of State | Neutral |
HCR 110 | Rep. Blake Miguez | RETIREMENT SYSTEMS: Requests the state public retirement systems to avoid Environmental, Social, and Governance investing | Pending Senate Final Passage | |
Benefit Options Study - GPO/WEP | ||||
HCR 69 | Rep. Mike Johnson | RETIREMENT BENEFITS: Requests the House Committee on Retirement and the Senate Retirement Committee to study future benefit options for employees | Sent to the Secretary of State | Neutral |
GPO/WEP | ||||
HCR 67 | Rep. Mike Johnson | CONGRESS: Provides relative to the Government Pension Offset and Windfall Elimination Provision | Sent to the Secretary of State | Support |
Legislative Session Updates
Regular Session News #20: Senate Retirement Committee advances UAL payment bill
Jun 2, 2023
With one week left in the 2023 regular session, bills affecting TRSL continue to work their way through the legislative process. After initially failing to win passage in the full House earlier this month, House Bill 47 (Rep. Nelson) was reconsidered and passed by the lower chamber this week. Today, it was favorably reported by the Senate Retirement Committee. HB 47, a proposed constitutional amendment, requires a minimum o...
Regular Session News #19: PBI funding bill heads to the governor
Jun 1, 2023
Today, the full House unanimously passed Senate Bill 18 (Sen. Price/co-sponsored by Senate President Cortez) propelling it one step closer to enactment. SB 18 would establish a new model for providing permanent benefit increases (PBIs) to retirees and beneficiaries of the four state retirement systems for teachers, state employees, school employees, and state police. For details on the provisions of SB 18, please read our May 2 Legislative Upd...