Louisiana 2024 2024 3rd Special Session

Louisiana House Bill HB5 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 5 Original 2024 Third Extraordinary Session	Bacala
Abstract:  Requires school systems to provide a salary increase using savings attributable to the
state's payment of certain unfunded accrued liability of the Teachers' Retirement System of
La.
Proposed law requires each public school system to provide a salary increase, plus any related
benefits, of at least $2,000 for certificated personnel and at least $1,000 for noncertificated personnel
that shall be applied beginning with the 2025-2026 school year.  Requires each school system to fund
the increase and related benefits using the net savings realized by the system from the reduction in
its employer contribution rate for FY 2025-2026 attributable to the state's payment of certain
unfunded accrued liability of the Teachers' Retirement System of La. (TRSL) as provided in
proposed constitutional amendment (House Bill No. ___ of this 2024 3ES).  Provides that if the
amount of the net savings realized by a school system is insufficient to fully fund the salary increases
in the amounts specified in proposed law, plus related benefits, the school system shall not be
required to provide such increases and benefits in excess of the net savings amount unless the
legislature appropriates monies for this purpose.
Proposed law provides that for proposed law purposes:
(1)"Personnel" means persons employed in the positions for which a stipend was provided for
FY 2024-2025 in Act No. 4 of the 2024 RS.
(2)"Public school system" means any city, parish, or other local public school board, any charter
school, or any other elementary or secondary school governing authority that participates in
TRSL.
Effective if and when the proposed amendment of Article VII of the Constitution of La. contained
in the Act which originated as House Bill No. ___ of this 2024 3ES of the Legislature is adopted at
a statewide election and becomes effective.
(Adds R.S. 17:418.1)