KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Louisiana

HB285 • 2026

SCHOOLS/BOARDS: Authorizes a school board to engage in a cooperative endeavor with a credit union or bank to operate a branch at a high school

SCHOOLS/BOARDS: Authorizes a school board to engage in a cooperative endeavor with a credit union or bank to operate a branch at a high school

Education Labor
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Tony Bacala
Last action
2026-05-15
Official status
Signed by the Governor - Act 147
Effective date
Not listed

Plain English Breakdown

The bill summary does not provide specific details on how fees will be set or what rules school boards must follow when partnering with banks or credit unions.

School Boards Can Work with Credit Unions or Banks

This act allows school boards to work together with credit unions or banks to open a branch inside high schools, which must be integrated into required financial literacy courses for students.

What This Bill Does

  • Allows school boards to partner with credit unions or banks to set up branches in high schools.
  • Requires that the bank or credit union branch is integrated into required financial literacy courses for students.

Who It Names or Affects

  • Local public school boards
  • Credit unions and banks interested in partnering with schools
  • High school students who will take financial literacy classes

Terms To Know

Cooperative endeavor
A partnership or collaboration between two organizations to achieve a common goal.
Financial literacy course
A class that teaches students about money management, budgeting, and financial planning.

Limits and Unknowns

  • The act does not specify how fees for using school buildings will be set.
  • It is unclear what specific rules or regulations the school boards must follow when partnering with banks or credit unions.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

Adopted

Plain English: HCAHB285 224 1962 HOUSE COMMITTEE AMENDMENTS 2026 Regular Session Amendments proposed by House Committee on Education to Original House Bill No.

  • HCAHB285 224 1962 HOUSE COMMITTEE AMENDMENTS 2026 Regular Session Amendments proposed by House Committee on Education to Original House Bill No.
  • 285 by Representative Bacala 1 AMENDMENT NO.
  • 1 2 On page 1, line 4, after "with a credit union" delete the remainder of the line and insert "or 3 bank to operate a branch" 4 AMENDMENT NO.
  • 2 5 On page 1, line 16, after "union" and before "branch at" delete "to operate a credit union" 6 and insert "or bank to operate a" Page 1 of 1 CODING: Words in struck through type are deletions from existing law; words underscored are additions.
Draft

Plain English: HCAHB285 224 1689 HOUSE COMMITTEE AMENDMENTS 2026 Regular Session Amendments proposed by House Committee on Education to Original House Bill No.

  • HCAHB285 224 1689 HOUSE COMMITTEE AMENDMENTS 2026 Regular Session Amendments proposed by House Committee on Education to Original House Bill No.
  • 285 by Representative Bacala 1 AMENDMENT NO.
  • 1 2 On page 1, line 4, after "with a credit union" delete the remainder of the line and insert "or 3 bank to operate a branch" 4 AMENDMENT NO.
  • 2 5 On page 1, line 16, after "union" and before "branch at" delete "to operate a credit union" 6 and insert "or bank to operate a" Page 1 of 1 CODING: Words in struck through type are deletions from existing law; words underscored are additions.

Bill History

  1. 2026-05-15 H

    Effective date: 08/01/2026.

  2. 2026-05-15 H

    Signed by the Governor. Becomes Act No. 147.

  3. 2026-05-14 H

    Sent to the Governor for executive approval.

  4. 2026-05-14 S

    Signed by the President of the Senate.

  5. 2026-05-13 H

    Enrolled and signed by the Speaker of the House.

  6. 2026-05-13 H

    Received from the Senate without amendments.

  7. 2026-05-12 S

    Rules suspended. Read by title, passed by a vote of 35 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

  8. 2026-05-05 S

    Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.

  9. 2026-05-04 S

    Read by title and referred to the Legislative Bureau.

  10. 2026-04-29 S

    Rules suspended. Reported favorably.

  11. 2026-03-30 S

    Read second time by title and referred to the Committee on Education.

  12. 2026-03-25 S

    Received in the Senate. Read first time by title and placed on the Calendar for a second reading.

  13. 2026-03-25 H

    Read third time by title, roll called on final passage, yeas 100, nays 0. Finally passed, title adopted, ordered to the Senate.

  14. 2026-03-23 H

    Scheduled for floor debate on 03/25/2026.

  15. 2026-03-23 H

    Read by title, amended, ordered engrossed, passed to 3rd reading.

  16. 2026-03-18 H

    Reported with amendments (14-0).

  17. 2026-03-09 H

    Read by title, under the rules, referred to the Committee on Education.

  18. 2026-02-27 H

    First appeared in the Interim Calendar on 2/27/2026.

  19. 2026-02-23 H

    Under the rules, provisionally referred to the Committee on Education.

  20. 2026-02-23 H

    Prefiled.

Official Summary Text

SCHOOLS/BOARDS: Authorizes a school board to engage in a cooperative endeavor with a credit union or bank to operate a branch at a high school

Current Bill Text

Read the full stored bill text 
ENROLLED
ACT No. 1472026 Regular Session
HOUSE BILL NO. 285
BY REPRESENTATIVES BACALA, ADAMS, BAYHAM, BOURRIAQUE, BOYD,
BROUSSARD, CARLSON, CARPENTER, CARVER, CHASSION, DEWITT,
EDMONSTON, EGAN, FREIBERG, GREEN, JORDAN, KNOX, LAFLEUR,
TERRY LANDRY, LYONS, MARCELLE, MARTINEZ, MILLER, MOORE,
SAWYER, TAYLOR, WALTERS, AND WYBLE
1 AN ACT
2 To amend and reenact R.S. 17:81(B), relative to the use of school buildings; to provide
3 relative to the powers of local public school boards; to authorize a school board to
4 engage in a cooperative endeavor with a credit union or bank to operate a branch at
5 a high school; to provide for the integration of the operation of the branch into a
6 required financial literacy course; and to provide for related matters.
7 Be it enacted by the Legislature of Louisiana:
8 Section 1. R.S. 17:81(B) is hereby amended and reenacted to read as follows:
9 §81. General powers of local public school boards
10 * * *
11 B.(1) Each school board may permit school buildings to be used outside of
12 regular school hours for academic purposes including but not limited to tutoring and
13 study hall. The board shall adopt rules and regulations governing the terms and
14 conditions, including fees if any, under which such buildings shall be used.
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
HB NO. 285 ENROLLED
1 (2) Each school board may engage in a cooperative endeavor with a credit
2 union or bank to operate a branch at a high school. Any such cooperative endeavor
3 shall provide for the integration of the operation of the branch into the financial
4 literacy course required by R.S. 17:270 and provide students with the opportunity to
5 obtain the skills, knowledge, and experience necessary to manage their personal
6 finances and obtain general financial literacy as provided in R.S. 17:270.
7 * * *
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.