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LA HB463
Bill
Status
6/20/2025
Primary Sponsor
Jack McFarland
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AI Summary
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Establishes and reestablishes agency ancillary funds (internal service funds, auxiliary accounts, and enterprise funds) for Fiscal Year 2025-2026, with unexpended balances due to the state treasurer by August 14, 2026
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Appropriates $1.98 billion to the Office of Group Benefits for administration of group health, accidental, and life insurance for current and former state employees, with a provision requiring coverage of semaglutide weight loss medications if cost-neutral
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Appropriates $670.7 million to the Office of Technology Services (845 positions) for centralized technology systems and services to state agencies
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Appropriates $305.7 million to the Office of Risk Management for the state's self-insurance program covering medical malpractice, property, liability, automobile, and other tort claims
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Appropriates $126.5 million to Environmental State Revolving Loan Funds and $66.7 million to the Drinking Water Revolving Loan Fund for water infrastructure improvements and environmental programs
Legislative Description
Provides for the ancillary expenses of state government
APPROPRIATIONS/ANCILLARY
Last Action
Effective date: 07/01/2025.
6/20/2025