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LA HB344
Bill
Status
2/24/2026
Primary Sponsor
Kimberly Coates
Click for details
AI Summary
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Increases the upper threshold balance for suspending assessment collections in the Louisiana Agricultural Finance Authority from $12 million to $25 million
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Raises the lower threshold balance that triggers resumption of assessment collections from $10 million to $22 million
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Assessments collected after the balance reaches $25 million (previously $12 million), but before suspension takes effect, remain within the Louisiana Agricultural Finance Authority
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Effective upon signature by the governor or lapse of time for gubernatorial action
Legislative Description
Provides relative to the Grain and Cotton Indemnity Fund (OR NO IMPACT See Note)
AGRICULTURE/GRAIN
Last Action
Read by title, under the rules, referred to the Committee on Agriculture, Forestry, Aquaculture, and Rural Development.
3/9/2026