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HB382 • 2026

INSURANCE/GROUP-STATE: Provides relative to the authority of the Joint Legislative Committee on the Budget (EN NO IMPACT See Note)

INSURANCE/GROUP-STATE: Provides relative to the authority of the Joint Legislative Committee on the Budget (EN NO IMPACT See Note)

Budget
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 431
Effective date
Not listed

Plain English Breakdown

The official source material does not provide details about the specific process of review and approval, nor does it specify consequences for non-approval.

Insurance and Budget Committee Authority

This act requires insurance groups to get approval from the Joint Legislative Committee on the Budget for contract adjustments over $1 million before they can be implemented.

What This Bill Does

  • Requires any adjustments to contracts in the amount of one million dollars or more by insurance groups to receive review and approval from the Joint Legislative Committee on the Budget before implementation.

Who It Names or Affects

  • Insurance groups in Louisiana
  • The Joint Legislative Committee on the Budget

Terms To Know

Joint Legislative Committee on the Budget
A group that reviews and approves budget changes for certain contracts.
Fiscal impact
How much money a change will affect over time, like costs or savings.

Limits and Unknowns

  • The act does not specify the exact process by which the committee reviews and approves these changes.
  • It is unclear what consequences follow if the committee does not approve a contract adjustment exceeding $1 million.

Bill History

  1. 2026-05-29 H

    Effective date: 08/01/2026.

  2. 2026-05-29 H

    Signed by the Governor. Becomes Act No. 431.

  3. 2026-05-25 H

    Received from the Senate without amendments.

  4. 2026-05-25 H

    Enrolled and signed by the Speaker of the House.

  5. 2026-05-22 H

    Sent to the Governor for executive approval.

  6. 2026-05-21 S

    Signed by the President of the Senate.

  7. 2026-05-20 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. 2026-05-13 S

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

  9. 2026-05-12 S

    Read by title and referred to the Legislative Bureau.

  10. 2026-05-11 S

    Reported favorably.

  11. 2026-04-08 S

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

  12. 2026-04-07 S

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

  13. 2026-04-07 H

    Read third time by title, roll called on final passage, yeas 96, nays 0. Finally passed, title adopted, ordered to the Senate.

  14. 2026-04-01 H

    Scheduled for floor debate on 04/07/2026.

  15. 2026-03-31 H

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

  16. 2026-03-30 H

    Reported favorably (20-0).

  17. 2026-03-09 H

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

  18. 2026-02-27 H

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

  19. 2026-02-25 H

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

  20. 2026-02-25 H

    Prefiled.

Official Summary Text

INSURANCE/GROUP-STATE: Provides relative to the authority of the Joint Legislative Committee on the Budget (EN NO IMPACT See Note)

Current Bill Text

Read the full stored bill text 
ENROLLED
ACT No. 4312026 Regular Session
HOUSE BILL NO. 382
BY REPRESENTATIVE MCFARLAND
1 AN ACT
2 To amend and reenact R.S. 42:802(D)(2), relative to the authority of the Joint Legislative
3 Committee on the Budget; to provide for the review and approval of certain contract
4 amendments by the Joint Legislative Committee on the Budget; and to provide for
5 related matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 42:802(D)(2) is hereby amended and reenacted to read as follows:
8 §802. Powers and duties; Office of Group Benefits
9 * * *
10 D.
11 * * *
12 (2) Additionally, any adjustments to such contracts in the amount of one
13 million dollars or more shall require the review and approval of the oversight
14 committees Joint Legislative Committee on the Budget before the modified contracts
15 may be implemented. Such adjustments shall indicate the fiscal impact to the plan
16 of benefits as well as the rate structure, if any, over the subsequent three years or
17 maximum contract period.
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.