Louisiana · 2026 Regular Session · Bill
SB 509: INSURANCE DEPARTMENT: Provides relative to bank-owned life insurance. (8/1/26)
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 509 is a bill introduced in the Louisiana Senate on March 31, 2026. According to its official title, it concerns: INSURANCE DEPARTMENT: Provides relative to bank-owned life insurance. (8/1/26). Primary sponsor: Heather Cloud (Republican). Most recent recorded action (June 1, 2026): Signed by the Governor. Becomes Act No. 588.
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 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Heather Cloud | Primary sponsor | Republican | Senate | 28 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Signed by the Governor. Becomes Act No. 588.
- Effective date 8/1/2026.
- Signed by the Speaker of the House.
- Sent to the Governor by the Secretary of the Senate.
- Enrolled. Signed by the President of the Senate.
- Amendments proposed by the House read and concurred in by a vote of 30 yeas and 5 nays.
- Read third time by title, amended, roll called on final passage, yeas 65, nays 30. Finally passed, ordered to the Senate.
- Received from the House with amendments.
- Read by title, amended, passed to 3rd reading.
- Scheduled for floor debate on 05/26/2026.
- Reported without Legislative Bureau amendments.
- Reported with amendments (7-4). Referred to the Legislative Bureau.
Showing 12 most recent of 19 actions. Full history