HB 27·LA·house
APPROPRIATIONS/SUPPLEML: (Constitutional Amendment) Provides relative to application of nonrecurring state monies to state retirement system unfunded accrued liabilities (EN NO IMPACT APV)
Signed into LawFiled Jan 21, 2026
Sponsor: Dixon McMakin (R)
Latest Action
Becomes Act No. 606.
Jun 2, 2026
Summary
The joint resolution proposes a constitutional amendment that changes how nonrecurring state money can be used for state retirement system debt. It would remove the rule that such money must first be applied to the oldest liabilities and allow it to be applied to any unfunded accrued liability. The amendment will be placed on the November 2026 ballot for voter approval.
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