Louisiana · 2026 Regular Session · Bill

HB 489: BANKS/BANKING: Provides with respect to "Transfer of Death" (TOD) beneficiary designations for investment accounts

Passed one chamber Last action March 25, 2026: Read second time by title and referred to the Committee on Commerce, Consumer Protection and International Affairs.

Plain-language summary

HB 489 is a bill introduced in the Louisiana House on February 26, 2026. According to its official title, it concerns: BANKS/BANKING: Provides with respect to "Transfer of Death" (TOD) beneficiary designations for investment accounts. Primary sponsor: Foy Gadberry (Republican). It lists 2 additional sponsors. Most recent recorded action (March 25, 2026): Read second time by title and referred to the Committee on Commerce, Consumer Protection and International Affairs.

Sponsors

Primary sponsor: Foy Gadberry (Republican). 2 co-sponsors.