SB509Introduced in the Senate
Provides relative to bank-owned life insurance. (8/1/26)
Introduced by Heather Cloud, District 28
What does this bill do?
Plain-English breakdown
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Official description
Provides relative to bank-owned life insurance. (8/1/26)
Where it stands
Effective date 8/1/2026.
June 1, 2026
How did lawmakers vote?
House votes
2 recorded votes · each counted separately
Senate votes
2 recorded votes · each counted separately
SenateStage: Senate Vote on SB 509 CONCUR (#1428) · May 27, 2026
30
Yes
5
No
4
Absent or Not Voting
39 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Robert Owen | 1 | Yes |
| Edward Price | 2 | Yes |
| Sidney Barthelemy | 3 | No |
| Jimmy Harris | 4 | Yes |
| Royce Duplessis | 5 | Absent |
| Rick Edmonds | 6 | Yes |
| Gary Carter | 7 | No |
| Patrick Connick | 8 | Yes |
| Cameron Henry | 9 | Yes |
| Kirk Talbot | 10 | Yes |
Bill history
Rules suspended. Introduced in the Senate. Read by title and placed on the Calendar for a second reading.
Read second time by title and referred to the Committee on Insurance.
Reported favorably.
Read by title. Ordered engrossed and passed to third reading and final passage.
Senate floor amendments read and adopted. Read by title and passed by a vote of 36 yeas and 0 nays; ordered reengrossed and sent to the House. Motion to reconsider tabled.
Received in the House from the Senate, read by title, lies over under the rules.
Read by title, under the rules, referred to the Committee on Insurance.
Reported with amendments (7-4). Referred to the Legislative Bureau.
Reported without Legislative Bureau amendments.
Read by title, amended, passed to 3rd reading.
Scheduled for floor debate on 05/26/2026.
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.
Amendments proposed by the House read and concurred in by a vote of 30 yeas and 5 nays.
Enrolled. Signed by the President of the Senate.
Signed by the Speaker of the House.
Sent to the Governor by the Secretary of the Senate.
Signed by the Governor. Becomes Act No. 588.
Effective date 8/1/2026.
Verify the information
- Official page on the Louisiana Legislature website
- Senate Floor Amendment #2959 Cloud Adopted (amendment)
- House Committee Amendment #5415 INS Draft (amendment)
- House Committee Amendment #5804 INS Draft (amendment)
- House Committee Amendment #5854 INS Proposed (amendment)
- House Floor Amendment #6143 Bamburg Rejected (amendment)
- House Floor Amendment #6141 Bamburg Withdrawn (amendment)
- House Floor Amendment #6133 Carver Withdrawn (amendment)
- House Floor Amendment #5990 Firment Adopted (amendment)
- Analysis (supplement)
- Analysis (supplement)
- Analysis (supplement)
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- Analysis (supplement)
- Analysis (supplement)
- Introduced (text)
- Engrossed (text)
- Engrossed (text)
- Enrolled (text)
- Chaptered (text)
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