LA SB15

State and statewide retirement systems must submit quarterly investment reports electronically to House and Senate retirement committees within 30 calendar days after each quarter ends, detailing funds invested, investment listings, annual returns, and fees paid

Annual reports required by October 1st each year must include investment returns net of fees (as percentage and dollar amount), administrative expenses, board-approved target asset allocation, and current actual asset allocation

Repeals outdated reporting requirement for Louisiana-based broker dealers that became null and void after June 30, 2010

Eliminates requirements for written reports on investments in companies with facilities or employees in prohibited nations and corporate governance strategies for engaging with such companies

Retirement systems no longer required to provide reports mandated by legislative resolutions adopted on or before December 31, 2025; effective date June 30, 2026