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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 Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

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.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Sponsors

Sponsors by party (alphabetical): Republican 3

NameRolePartyChamberDistrict
Foy GadberryPrimary sponsorRepublicanHouse15
Beau BeaullieuCo-sponsorRepublicanHouse48
Dixon McMakinCo-sponsorRepublicanHouse68

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Read second time by title and referred to the Committee on Commerce, Consumer Protection and International Affairs.
  2. Read third time by title, roll called on final passage, yeas 99, nays 0. Finally passed, title adopted, ordered to the Senate.
  3. Received in the Senate. Rules suspended. Read first time by title and placed on the Calendar for a second reading.
  4. Scheduled for floor debate on 03/24/2026.
  5. Read by title, amended, ordered engrossed, passed to 3rd reading.
  6. Reported with amendments (14-0).
  7. Read by title, under the rules, referred to the Committee on Commerce.
  8. First appeared in the Interim Calendar on 2/27/2026.
  9. Prefiled.
  10. Under the rules, provisionally referred to the Committee on Commerce.

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source