HB950 • 2026

CONSUMERS/PROTECTION: Provides for consumer protection for the elderly (EN SEE FISC NOTE GF EX See Note)

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Delisha Boyd
Last action: 2026-05-28
Official status: Sent to Governor
Effective date: Not listed

Plain English Breakdown

The candidate explanation includes details that are implied by the bill summary but not directly stated. The validator has removed or modified claims where there was no direct support in the official text.

Consumer Protection for Elderly People

This bill establishes an educational program to help elderly people manage their pensions and retirement income, recognize financial scams, and access resources for assistance.

What This Bill Does

Creates the Pension Protection and Retirement Income Support and Guidance Program.
Develops materials that teach seniors how to manage their money safely and avoid scams.
Provides information about common financial products marketed to older people.
Gives contact details for agencies and organizations that can help with financial issues.
Distributes these educational resources in an easy-to-understand format through existing websites or other platforms.

Who It Names or Affects

Elderly people aged 60 years or older in Louisiana.
The Office of Elderly Affairs, which will run the program and create materials.

Terms To Know

Pension: Money paid regularly to someone after they retire from a job.
Exploitation: Taking advantage of someone unfairly, often financially or emotionally.

Limits and Unknowns

The bill does not require new funding and will use existing resources.
It is unclear how widely the materials will be distributed beyond what is currently available online.

Amendments

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

House Committee Amendment #2812 COM Adopted

Adopted

Plain English: HCAHB950 4875 2812 HOUSE COMMITTEE AMENDMENTS 2026 Regular Session Amendments proposed by House Committee on Commerce to Original House Bill No.

HCAHB950 4875 2812 HOUSE COMMITTEE AMENDMENTS 2026 Regular Session Amendments proposed by House Committee on Commerce to Original House Bill No.
950 by Representative Boyd 1 AMENDMENT NO.
1 2 On page 1, line 2, after "to" and before "consumer" delete "the" 3 AMENDMENT NO.
2 4 On page 1, line 3, after "for" and before "creation" insert "the" 5 AMENDMENT NO.

House Committee Amendment #2775 COM Draft

Draft

Plain English: HCAHB950 4875 2775 HOUSE COMMITTEE AMENDMENTS 2026 Regular Session Amendments proposed by House Committee on Commerce to Original House Bill No.

HCAHB950 4875 2775 HOUSE COMMITTEE AMENDMENTS 2026 Regular Session Amendments proposed by House Committee on Commerce to Original House Bill No.
950 by Representative Boyd 1 AMENDMENT NO.
1 2 On page 2, line 3, change "shall" to "may" 3 AMENDMENT NO.
2 4 On page 2, line 6, change "shall" to "may" 5 AMENDMENT NO.

House Committee Amendment #2651 COM Draft

Draft

Plain English: HCAHB950 4875 2651 HOUSE COMMITTEE AMENDMENTS 2026 Regular Session Amendments proposed by House Committee on Commerce to Original House Bill No.

HCAHB950 4875 2651 HOUSE COMMITTEE AMENDMENTS 2026 Regular Session Amendments proposed by House Committee on Commerce to Original House Bill No.
950 by Representative Boyd 1 AMENDMENT NO.
1 2 On page 1, line 2, after "to" and before "consumer" delete "the" 3 AMENDMENT NO.
2 4 On page 1, line 3, after "for" and before "creation" insert "the" 5 AMENDMENT NO.

Bill History

2026-05-28 H
Sent to the Governor for executive approval.
2026-05-27 S
Signed by the President of the Senate.
2026-05-27 H
Enrolled and signed by the Speaker of the House.
2026-05-26 H
Received from the Senate without amendments.
2026-05-26 S
Rules suspended. Read by title, passed by a vote of 37 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
2026-05-25 S
Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
2026-05-21 S
Read by title and referred to the Legislative Bureau.
2026-05-20 S
Reported favorably.
2026-05-12 S
Read second time by title and referred to the Committee on Commerce, Consumer Protection and International Affairs.
2026-05-11 S
Received in the Senate. Read first time by title and placed on the Calendar for a second reading.
2026-05-07 H
Read third time by title, roll called on final passage, yeas 97, nays 0. Finally passed, title adopted, ordered to the Senate.
2026-05-06 H
Scheduled for floor debate on 05/07/2026.
2026-05-06 H
Read by title, ordered reengrossed, passed to 3rd reading.
2026-05-05 H
Reported favorably (18-0).
2026-03-31 H
Read by title, amended, ordered engrossed, recommitted to the Committee on Appropriations.
2026-03-30 H
Reported with amendments (12-0).
2026-03-09 H
Read by title, under the rules, referred to the Committee on Commerce.
2026-02-27 H
First appeared in the Interim Calendar on 2/27/2026.
2026-02-27 H
Under the rules, provisionally referred to the Committee on Commerce.
2026-02-27 H
Prefiled.

Official Summary Text

CONSUMERS/PROTECTION: Provides for consumer protection for the elderly (EN SEE FISC NOTE GF EX See Note)

Current Bill Text

Read the full stored bill text

ENROLLED
2026 Regular Session
HOUSE BILL NO. 950
BY REPRESENTATIVES BOYD, ADAMS, BAYHAM, BOUDREAUX, BRASS,
CARPENTER, CARVER, CHASSION, FISHER, FREEMAN, DANA HENRY,
JACKSON, LAFLEUR, LARVADAIN, LYONS, MENA, MOORE, MURRAY,
NEWELL, TAYLOR, WALTERS, AND YOUNG
1 AN ACT
2 To enact R.S. 46:939, relative to consumer protection for the elderly; to provide for
3 legislative intent and purpose; to provide for the creation of an educational program
4 and materials; to provide for distribution of such materials; and to provide for related
5 matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 46:939 is hereby enacted to read as follows:
8 §939. Pension protection and retirement income support and guidance program;
9 creation; distribution
10 A.(1) The legislature finds that seniors of this state constitute a valued and
11 growing segment of this state's population who have contributed substantially to its
12 economic and social fabric yet frequently rely upon pensions, retirement savings,
13 Social Security, and fixed incomes that are vulnerable to aggressive marketing of
14 complex financial products, economic hardships arising from increased longevity,
15 healthcare costs, inflation, financial exploitation, and other unforeseen
16 circumstances.
Page 1 of 3
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
HB NO. 950 ENROLLED
1 (2) It is therefore the purpose of this Act to safeguard the financial security,
2 dignity, and independence of these citizens by developing comprehensive, accessible
3 educational materials and resources for seniors and their caregivers on the effective
4 management of pensions and retirement income, clear explanations of financial
5 products commonly marketed to seniors, recognition and prevention of financial
6 exploitation, strategies for mitigating risks of financial hardship, and clear
7 explanations of financial products commonly marketed to seniors.
8 B. The office of elderly affairs may create the Pension Protection and
9 Retirement Income Support and Guidance program.
10 C. The program shall be for the benefit of persons of sixty years of age or
11 older in this state. The office of elderly affairs may develop program materials and
12 resources that provide practical guidance and empower senior citizens to make
13 informed decisions on relevant issues, including but not limited to all of the
14 following:
15 (1) Pension and retirement account protection.
16 (2) Income optimization and financial management.
17 (3) Information about financial products typically marketed to seniors.
18 (4) Strategies to reduce risks related to unexpected hardships or costs.
19 (5) Warning signs of scams, fraud, or exploitation targeting seniors, and
20 prevention tactics.
21 (6) Contact information for state agencies, legal aid organizations, dedicated
22 hotlines, or charities that can offer more detailed assistance if needed.
23 D. The office of elderly affairs may distribute these materials in an easy-to-
24 read format with simple navigation menus to seniors through existing websites or
25 other available platforms. The office of elderly affairs may distribute these materials
26 by any other means reasonably calculated to reach the seniors of this state.
27 E.(1) The office of elderly affairs shall implement the provisions of this
28 Section to the extent practicable within existing resources, and may utilize or link to
29 existing federal, nonprofit, or private educational resources to fulfill the purposes of
30 this Section.
Page 2 of 3
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
HB NO. 950 ENROLLED
1 (2) The provisions of this Section shall be implemented subject to the
2 availability of existing resources and shall not require additional appropriations.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
Page 3 of 3
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.