2024 Third Extraordinary Session
 
The 2024 Third Extraordinary Session will convene at 3:00 p.m. on Wednesday, November 6, 2024.   Final Adjournment will be no later than 6:00 pm on Monday, November 25, 2024.
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2024 Special Session Bills Affecting TRSL
 
Bill No. Author Description Status
Payments Toward UAL/Teacher Pay Raises
HB 5 Rep. Tony Bacala TEACHERS/SALARY:  Requires school systems to provide a salary increase for teachers and other school employees using savings attributable to the state's payment of certain unfunded accrued liability of the Teachers' Retirement System of Louisiana (Item #2) Sent to the Governor
HB 7  Rep. Julie Emerson FUNDS/FUNDING:  (Constitutional Amendment) Revises Article VII of the Constitution of La. (Items #1, 2, and 7) Act 1

Legislative Session Updates

3rd Extraordinary Session News #7: Senate passes UAL payment bill

Nov 22, 2024

Today, the full Senate amended and passed House Bill 7 (Rep. Emerson). HB 7 seeks to revise the state constitution to require an additional, one-time payment to the unfunded accrued liability (UAL). The proposed payment is designed to reduce the employer contribution rate for TRSL-participating employers. The state treasurer must transfer funds for the one-time UAL payment to TRSL by May 1, 2025. The amendments were unrelated to the one-time U...

3rd Extraordinary Session News #6: UAL payment bill clears another legislative hurdle

Nov 20, 2024

Yesterday, the Senate Revenue and Fiscal Affairs committee reported House Bill 7 (Rep. Emerson) favorably with amendments. HB 7 seeks to revise the state constitution to require an additional, one-time payment to the unfunded accrued liability (UAL). The proposed payment is designed to reduce the employer contribution rate for TRSL-participating employers. While most of the amendments were technical in nature, one amendment added a date &ndash...

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