--- type: "Bill" title: "RETIREMENT BENEFITS: Provides relative to investment of lump-sum benefits. (6/30/19) (EN NO IMPACT APV)" description: "RETIREMENT BENEFITS: Provides relative to investment of lump-sum benefits. (6/30/19) (EN NO IMPACT APV)" jurisdiction: "us/states/la" legislature: "Louisiana Legislature" session: "2019" identifier: "SB 16" citation: "Louisiana SB 16 (2019)" classification: ["bill"] subjects: [] status: "enacted" primary_sponsors: ["Gerald Long"] version_count: 5 action_count: 18 vote_count: 2 first_action: "2019-02-22" last_action: "2019-06-04" source: "openstates" source_identifier: "ocd-bill/2cfdbb0b-4668-49b5-881a-1c897ca436e4" source_url: "http://www.legis.la.gov/Legis/BillInfo.aspx?i=235651" source_hash: "f2da4250f42343d1be46ec4485860ef28eaa5e39129c3b0b76c261b67e22805a" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-la"] --- # Louisiana SB 16 (2019) — RETIREMENT BENEFITS: Provides relative to investment of lump-sum benefits. (6/30/19) (EN NO IMPACT APV) ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **SB16 Original** (filed) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1113202) 2. **SB16 Act 78** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1143171) 3. **SB16 Engrossed** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1124522) 4. **Senate Committee Amendment, #579, RET, Adopted** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1124161) 5. **SB16 Enrolled** (enrolled) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1137762) ## Votes - FINAL PASSAGE (#72) — **36–0** (pass) · upper - FINAL PASSAGE (#542) — **96–0** (pass) · lower ## Sponsors - Gerald Long — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2019-06-04** Effective date 6/30/2019. - **2019-06-04** Signed by the Governor. Becomes Act No. 78. `executive-signature` - **2019-05-30** Sent to the Governor by the Secretary of the Senate. `executive-receipt` - **2019-05-28** Signed by the Speaker of the House. - **2019-05-28** Enrolled. Signed by the President of the Senate. - **2019-05-27** Received from the House without amendments. - **2019-05-22** Read third time by title, roll called on final passage, yeas 96, nays 0. Finally passed, ordered to the Senate. `passage` - **2019-05-09** Scheduled for floor debate on 05/22/19. - **2019-05-08** Read by title, passed to 3rd reading. - **2019-05-07** Reported without Legislative Bureau amendments. - **2019-05-02** Reported favorably (7-0). Referred to the Legislative Bureau. - **2019-04-22** Read by title, under the rules, referred to the Committee on Retirement. `referral-committee` - **2019-04-17** Received in the House from the Senate, read by title, lies over under the rules. - **2019-04-17** Read by title, passed by a vote of 36 yeas and 0 nays, and sent to the House. Motion to reconsider tabled. `passage` - **2019-04-16** Read by title. Committee amendments read and adopted. Ordered engrossed and passed to third reading and final passage. - **2019-04-15** Reported with amendments. - **2019-04-08** Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Retirement. `referral-committee` - **2019-02-22** Prefiled and under the rules provisionally referred to the Committee on Retirement. `filing, referral-committee` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2cfdbb0b-4668-49b5-881a-1c897ca436e4`. Confidence: reported (aggregated from official Louisiana legislature records).