HB290 • 2026

SUNSET LAW: Re-creates the Department of the Treasury and the statutory entities made a part of the department by law (EN NO IMPACT See Note)

Enacted

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

Sponsor: Jack McFarland
Last action: 2026-05-29
Official status: Signed by the Governor - Act 426
Effective date: Not listed

Plain English Breakdown

The official source material does not provide specific details about the impact on individuals or businesses, nor does it mention updating any particular sections of the Louisiana Revised Statutes beyond what is necessary for re-creation and termination dates.

Sunset Law for the Department of the Treasury

This act re-creates and sets a termination date for the Louisiana Department of the Treasury and its related entities.

What This Bill Does

Re-creates the Department of the Treasury and its statutory entities on June 30, 2026.
Sets July 1, 2031 as the end date when these entities will no longer exist unless re-created earlier.

Who It Names or Affects

The Department of the Treasury and its statutory entities in Louisiana.

Terms To Know

Statutory Entities: Organizations or departments created by law that are part of the larger government structure, like the Department of the Treasury.

Limits and Unknowns

The act does not specify what happens to the entities after July 1, 2031 if they have not been re-created earlier.
It is unclear how many people or businesses will be directly affected by this change.

Bill History

2026-05-29 H
Effective date: 06/30/2026.
2026-05-29 H
Signed by the Governor. Becomes Act No. 426.
2026-05-21 H
Sent to the Governor for executive approval.
2026-05-20 S
Signed by the President of the Senate.
2026-05-20 H
Enrolled and signed by the Speaker of the House.
2026-05-20 H
Received from the Senate without amendments.
2026-05-19 S
Rules suspended. Read by title, passed by a vote of 33 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
2026-05-13 S
Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
2026-05-12 S
Read by title and referred to the Legislative Bureau.
2026-05-11 S
Reported favorably.
2026-04-08 S
Read second time by title and referred to the Committee on Finance.
2026-04-07 S
Received in the Senate. Read first time by title and placed on the Calendar for a second reading.
2026-04-07 H
Read third time by title, roll called on final passage, yeas 98, nays 0. Finally passed, title adopted, ordered to the Senate.
2026-04-01 H
Scheduled for floor debate on 04/07/2026.
2026-03-31 H
Read by title, ordered engrossed, passed to 3rd reading.
2026-03-30 H
Reported favorably (18-0).
2026-03-09 H
Read by title, under the rules, referred to the Committee on Appropriations.
2026-02-27 H
First appeared in the Interim Calendar on 2/27/2026.
2026-02-24 H
Under the rules, provisionally referred to the Committee on Appropriations.
2026-02-24 H
Prefiled.

Official Summary Text

SUNSET LAW: Re-creates the Department of the Treasury and the statutory entities made a part of the department by law (EN NO IMPACT See Note)

Current Bill Text

Read the full stored bill text

ENROLLED
ACT No. 4262026 Regular Session
HOUSE BILL NO. 290
BY REPRESENTATIVE MCFARLAND
1 AN ACT
2 To enact R.S. 49:191(3)(b) and to repeal R.S. 49:191(1)(i), relative to the Department of the
3 Treasury, including provisions to provide for the re-creation of the Department of the
4 Treasury and the statutory entities made a part of the department by law; to provide
5 for the effective termination date for all statutory authority for the existence of such
6 statutory entities; to provide for an effective date; and to provide for related matters.
7 Be it enacted by the Legislature of Louisiana:
8 Section 1. Pursuant to R.S. 49:193, the Department of the Treasury and the statutory
9 entities made a part of the department by law shall be re-created effective June 30, 2026, and
10 all statutory authority therefor is continued in accordance with the provisions of Part XII of
11 Chapter 1 of Title 49 of the Louisiana Revised Statutes of 1950.
12 Section 2. All statutory authority for the existence of the Department of the Treasury
13 and the statutory entities made a part of the department as re-created by Section 1 of this Act
14 shall cease as of July 1, 2031, pursuant to R.S. 49:191. However, the Department of the
15 Treasury may be re-created prior to such date in accordance with the provisions of Part XII
16 of Chapter 1 of Title 49 of the Louisiana Revised Statutes of 1950.
17 Section 3. The provisions of R.S. 49:193 are hereby superseded to the extent that
18 those provisions are in conflict with the provisions of this Act.
19 Section 4. R.S. 49:191(3)(b) is hereby enacted to read as follows:
20 §191. Termination of legislative authority for existence of statutory entities; phase-
21 out period for statutory entities; table of dates
22 Notwithstanding any termination dates set by any previous Act of the
23 legislature, the statutory entities set forth in this Section shall begin to terminate their
24 operations on July first of each of the following years, and all legislative authority
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
HB NO. 290 ENROLLED
1 for the existence of any statutory entity, as defined in R.S. 49:190, shall cease as of
2 July first of the following year, which shall be the termination date:
3 * * *
4 (3) July 1, 2030:
5 * * *
6 (b) The Department of the Treasury and all statutory entities made a part of
7 the department by law.
8 * * *
9 Section 5. R.S. 49:191(1)(i) is hereby repealed in its entirety.
10 Section 6. This Act shall become effective on June 30, 2026.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.