State Bond Commission

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The State Bond Commission was created to centralize and administer the incurring of state and local debt. The State Bond Commission receives applications from parishes, municipalities, special taxing districts, and other political subdivisions of the State requesting authority to incur debt or levy taxes. These applications are reviewed for compliance with Constitutional and statutory requirements and feasibility, including the ability to repay any indebtedness incurred.

If the applications are in order, they are placed on an agenda for consideration by the State Bond Commission at a regular or special meeting. At the meeting the State Bond Commission either approves or disapproves the application or defers action on the application for further discussion.

Bond Commission Live Meeting

Committee Members

Chairman - Treasurer John Fleming, MD

Governor Jeff Landry

Lieutenant Governor Billy Nungesser

Attorney General Liz Murrill

Secretary of State Nancy Landry

Senate President Cameron Henry

House Speaker Phillip DeVillier

Senator Glen Womack

Senator Franklin J. Foil

Senator John C. "Jay" Morris III

Representative Jack G. McFarland

Representative Julie Emerson

Representative Tony Bacala

Commissioner Taylor F. Barras

Apply to State Bond Commission

Meeting Documents

Helpful Links:

Bond Commission Meetings

MEETING DATE	APPLICATIONS DUE	10 DAY DEADLINE	ELECTION DATE	1 WEEK PRIOR	24 HOURS PRIOR	POST MEETING	LOC CERTIFICATES OF APPROVAL
11/16/2023	10/17/2023	10/31/2023		Preliminary	Posted	(*SAP) Minutes ➲
04/13/2023					Posted	(*SAP) Minutes ➲
02/24/2023					Posted	Final Minutes ➲
12/14/2023	11/13/2023	11/29/2023		Preliminary	Posted	(*SAP) Minutes ➲	LOC5
10/19/2023	09/20/2023	10/04/2023	03/23/2024	Preliminary	Posted	(*SAP) Minutes ➲	LOC1 LOC5 RES1
09/21/2023	08/22/2023	09/06/2023	11/18/2023	Preliminary	Posted	Final Minutes ➲
08/17/2023	07/19/2023	08/02/2023		Preliminary	Posted	(*SAP) Minutes ➲
07/20/2023	06/20/2023	07/05/2023		Preliminary	Posted	(*SAP) Minutes ➲	LOC1 LOC5
06/14/2023	05/16/2023	05/31/2023	10/14/2023	Preliminary	Posted	(*SAP) Minutes ➲
05/18/2023	04/19/2023	05/03/2023		Preliminary	Posted	Final Minutes ➲
04/20/2023	03/21/2023	04/04/2023		Preliminary	Posted	(*SAP) Minutes ➲
03/16/2023	02/14/2023	03/01/2023		Preliminary	Posted	(*SAP) Minutes ➲
02/16/2023	01/18/2023	02/01/2023	04/29/2023	Preliminary	Posted	Final Minutes ➲
01/19/2023	12/15/2022	01/03/2023		Preliminary	Posted	(*SAP) Minutes ➲

SAP - Same As Posted- ➲ Link to Archived Video/Audio

All meetings are held at 10:00 a.m. (8:00 a.m. during Legislative Session) in Senate Committee Room A-B unless posted otherwise.

Note: The deadline for applications to be placed on agenda is set twenty (20) working days prior to the Meeting date in accordance with the Rules and Regulations of the State Bond Commission. Applications received after a scheduled deadline date for any monthly meeting will be considered as current of the next deadline date. A deadline date may be waived only with permission of the Director/Secretary of the Commission.

Meeting Date	Application Date	10 Day Deadline	Election Date	1 Week Prior	24 Hours Prior	Post Meeting	LOC Certificates of Approval
12/15/2022	11/14/2022	11/30/2022	03/25/2023	Preliminary	Posted	Final Minutes ➲
04/21/2022	03/22/2022	04/05/2022		Preliminary	Posted	Final Minutes ➲	LOC 5
01/20/2022	12/15/2021	01/04/2022		Preliminary	Posted	(*SAP) Minutes ➲	LOC 2
02/22/2022	01/19/2022	02/02/2022	04/30/2022	Preliminary	Posted	(*SAP) Minutes ➲	LOC 5
03/17/2022	02/15/2022	03/02/2022		Preliminary	Posted	(*SAP) Minutes ➲
03/30/2022					Posted	(*SAP) Minutes ➲
05/19/2022	04/20/2022	05/04/2022		Preliminary	Posted	(*SAP) Minutes ➲
06/16/2022	05/17/2022	06/01/2022	11/08/2022	Preliminary	Posted	(*SAP) Minutes ➲
07/21/2022	06/21/2022	07/06/2022		Preliminary	Posted	Final Minutes ➲	LOC1 LOC5
08/18/2022	07/20/2022	08/03/2022		Preliminary	Posted	(*SAP) Minutes ➲
09/15/2022	08/16/2022	08/30/2022	12/10/2022	Preliminary	Posted	Final Minutes ➲	LOC1 LOC5
10/17/2022					Posted	(*SAP) Minutes ➲
10/20/2022	09/21/2022	10/05/2022		Preliminary	Posted	Final Minutes ➲	LOC 1 LOC 2 LOC 5 RES 1
11/17/2022	10/17/2022	10/31/2022	03/25/2023	Preliminary	Posted	(*SAP) Minutes ➲

SAP - Same As Posted- ➲ Link to Archived Video/Audio

Meeting Date	Applications Date	10 Day Deadline	Election Date	1 Week Prior	24 Hours Prior	Post Meeting	LOC Certificates of Approval
04/07/2021				Preliminary	Posted	(*SAP) Minutes ➲
01/07/2021					Posted	Cancellation Notice
01/21/2021	12/16/2020	01/05/2021		Preliminary	Posted	Final Minutes ➲
02/25/2021	01/19/2021	02/02/2021	04/24/2021	Preliminary	Posted	Final Minutes ➲
03/18/2021	02/17/2021	03/03/2021		Preliminary	Posted	(*SAP) Minutes ➲	LOC5
04/15/2021	03/16/2021	03/30/2021		Preliminary	Posted	(*SAP) Minutes ➲
05/20/2021	04/21/2021	05/05/2021	10/09/2021	Preliminary	Posted	Final Minutes ➲
06/17/2021	05/18/2021	06/02/2021		Preliminary	Posted	(*SAP) Minutes ➲
07/15/2021	06/15/2021	06/29/2021		Preliminary	Posted	Final Minutes ➲
08/19/2021	07/21/2021	08/04/2021		Preliminary	Posted	Final Minutes ➲	LOC1, LOC5
09/16/2021	08/17/2021	08/31/2021	11/13/2021	Preliminary	Posted	(*SAP) Minutes ➲	LOC1, LOC5
10/21/2021	09/22/2021	10/06/2021		Premilinary	Posted	(*SAP) Minutes ➲	LOC1, RES1
11/18/2021	10/19/2021	11/02/2021		Preliminary	Posted	(*SAP) Minutes ➲
12/16/2021	11/15/2021	12/01/2021	03/26/2022	Preliminary	Posted	(*SAP) Minutes ➲	LOC2

SAP - Same As Posted- ➲ Link to Archived Video/Audio

Meeting Date	Deadline Date	10-Day Deadline Date	Election Date	1 Week Prior	24 Hours Prior	Post Meeting	LOC Certificates of Approval
12/17/2020	11/16/2020	12/02/2020	03/20/2021	Preliminary	Posted	(*SAP) Minutes ➲
11/19/2020	10/19/2020	11/02/2020		Preliminary	Posted	Final Minutes ➲	LOC1 LOC2 LOC5 RES1
10/15/2020	09/19/2020	09/30/2020		Preliminary	Posted	Final Minutes ➲
09/17/2020	08/18/2020	09/01/2020	12/05/2020	Preliminary	Posted	(*SAP) Minutes ➲
08/20/2020	07/22/2020	08/05/2020		Preliminary	Posted	(*SAP) Minutes ➲
07/16/2020	06/16/2020	06/30/2020		Preliminary	Posted	Final Minutes ➲	LOC1
06/18/2020	05/19/2020	06/03/2020		Preliminary	Posted	Final Minutes ➲
05/21/2020	04/22/2020	05/06/2020	11/03/2020	Preliminary	Posted	(*SAP) Minutes ➲
04/30/2020	04/20/2020	COVID-19 EMERGENCY		Preliminary	Posted	Final Minutes ➲
04/16/2020	03/17/2020	03/31/2020		Preliminary	Posted	(*SAP) Minutes ➲
03/31/2020	02/18/2020	03/04/2020		Preliminary	Posted	(*SAP) Minutes ➲
03/05/2020				Preliminary	Posted	(*SAP) Minutes ➲
02/20/2020	1/22/2020	02/05/2020	05/09/2020	Preliminary	Posted	Final Minutes ➲
01/30/2020	12/11/2019	12/27/2019		Preliminary	Posted	(*SAP) Minutes ➲

SAP - Same As Posted- ➲ Link to Archived Video/Audio

Meeting Date	Deadline Date	10-Day Deadline Date	Election Date	1 Week Prior	24 Hours Prior	Post Meeting	LOC Certificates of Approval
1/17/19	12/14/18			Preliminary	Posted	(*SAP) Minutes ➲
2/21/19	1/23/19	5/04/19		Preliminary	Posted	Final Minutes ➲
3/21/19	2/19/19			Preliminary	Posted	(*SAP) Minutes ➲
4/24/19	3/20/19			Preliminary	Posted	(*SAP) Minutes ➲
5/16/19	4/16/19			Preliminary	Posted	(*SAP) Minutes ➲
6/20/19	5/21/19	10/12/19		Preliminary	Posted	(*SAP) Minutes ➲
7/18/19	6/18/19			Preliminary	Posted	(*SAP) Minutes ➲ ➲	LOC 1 LOC 2 LOC 5
8/15/19	7/17/19			Preliminary	Posted	(*SAP) Minutes ➲
9/19/19	8/20/19		11/16/19	Preliminary	Posted	(*SAP) Minutes ➲
10/17/19	9/18/19			Preliminary	Posted	(*SAP) Minutes ➲
11/21/19	10/22/19		04/04/20	Preliminary	Posted	Final Minutes ➲	RES 1 LOC 2 LOC 5
12/19/19	11/18/19			Preliminary	Posted	(*SAP) Minutes ➲

SAP - Same As Posted- ➲ Link to Archived Video/Audio

Meeting Date	deadlineDate	10-Day Deadline Date	Election Date	1 Week Prior	24 Hours Prior	Post Meeting	LOC Certificates of Approval
1/18/18	12/14/17	1/2/18		Preliminary	Posted	(*SAP) Minutes ➲
2/15/18	1/16/18	1/30/18	4/28/18	Preliminary	Posted	Final Minutes ➲
3/15/18	2/14/18	2/28/18		Preliminary	Posted	(*SAP) Minutes ➲	LOC5
4/19/18	3/20/18	4/4/18	4/28/18	Preliminary	Posted	Final Minutes ➲
4/26/18					Posted	(*SAP) Minutes ➲
5/17/18	4/18/18	5/2/18		Preliminary	Posted	(*SAP) Minutes ➲
6/21/18	5/22/18	6/6/18		Preliminary	Posted	(*SAP) Minutes ➲
7/19/18	6/19/18	7/3/18		Preliminary	Posted	(*SAP) Minutes ➲	LOC1 LOC5
8/16/18	7/18/18	8/1/18		Preliminary	Posted	(*SAP) Minutes ➲
9/20/18	8/21/18	9/5/18	12/8/18	Preliminary	Posted	(*SAP) Minutes ➲	LOC2 LOC5
10/18/18	9/19/19	10/3/18		Preliminary	Posted	Final Minutes ➲
11/15/18	10/16/18	10/30/18		Preliminary	Posted	Final Minutes ➲
12/13/18	11/09/18	11/28/18	3/30/19	Preliminary	Posted	Final Minutes ➲
1/17/19	12/14/18	1/2/19		Preliminary	Posted	(*SAP) Minutes ➲

SAP - Same As Posted- ➲ Link to Archived Video/Audio

Meeting Date	Deadline Date	Election Date	1 Week Prior	24 Hours Prior	Post Meeting	LOC Certificates of Approval
1/19/17	12/16/16		Preliminary	Posted	(*SAP) Minutes ➲	LOC5
2/16/17	1/18/17	4/29/17	Preliminary	Posted	Final Minutes ➲
3/16/17	2/14/17		Preliminary	Posted	(*SAP) Minutes ➲
3/22/17	3/22/17			Posted	(*SAP) Minutes ➲
4/20/17	3/21/17		Preliminary	Posted	(*SAP) Minutes ➲
5/3/17	5/3/17			Posted	(*SAP) Minutes ➲
5/18/17	4/19/17	10/14/17	Preliminary	Posted	Final Minutes ➲
6/15/17	5/16/17		Preliminary	Posted	(*SAP) Minutes ➲
7/20/17	6/20/17		Preliminary	Posted	(*SAP) Minutes ➲	LOC1 LOC5
8/17/17	7/18/17		Preliminary	Posted	(*SAP) Minutes ➲
9/12/17	9/12/17			Posted	(*SAP) Minutes ➲
9/21/17	8/22/17	11/18/17	Preliminary	Posted	Final Minutes ➲
10/19/17	9/20/17		Preliminary	Posted	(*SAP) Minutes ➲
11/16/17	10/17/17	3/24/18	Preliminary	Posted	(*SAP) Minutes ➲
12/14/17	11/13/17		Preliminary	Posted	(*SAP) Minutes ➲

SAP - Same As Posted- ➲ Link to Archived Video/Audio

Meeting Date	Deadline Date	Election Date	1 Week Prior	24 Hours Prior	Post Meeting	LOC Certificates of Approval
1/29/16	12/15/15		Preliminary	Posted	Final Minutes
2/18/16	1/19/16	4/9/16	Preliminary	Posted	Final Minutes
3/15/16				Posted	(*SAP) Minutes
3/17/16	2/17/16		Preliminary	Posted	(*SAP) Minutes
4/21/16	3/22/16		Preliminary	Posted	(*SAP) Minutes
5/19/16	4/20/16		Preliminary	Posted	(*SAP) Minutes
6/16/16	5/17/16	11/8/16	Preliminary	Posted	Final Minutes
7/21/16	6/21/16		Preliminary	Posted	Final Minutes	LOC1
8/18/16	7/20/16		Preliminary	Posted	Final Minutes	LOC1 LOC5
8/30/16				Posted	(*SAP) Minutes
9/15/16	8/16/16		Preliminary	Posted	(*SAP) Minutes
10/20/16	9/21/16	12/10/16	Preliminary	Posted	(*SAP) Minutes	LOC1 LOC5
11/17/16	10/17/16	3/25/17	Preliminary	Posted	Final Minutes
12/15/16	11/14/16		Preliminary	Posted	Final Minutes	LOC1

SAP - Same As Posted

Meeting Date	Deadline Date	1 Week Prior	24 Hours Prior	Post Meeting	LOC Certificates of Approval
1/15/15	12/11/14	Preliminary	Posted	Final Minutes
2/19/15	1/20/15	Preliminary	Posted	Final Minutes	Rescinded LOC1 LOC2 LOC5
3/19/15	2/18/15	Preliminary	Posted	(*SAP) Minutes	Rescinded LOC1 LOC2 LOC5
4/2/15		Preliminary	Posted	(*SAP) Minutes
4/16/15	3/17/15	Preliminary	Posted	Final Minutes
5/5/15			Posted Cancelled
5/6/15			Posted	(*SAP) Minutes
5/21/15	4/22/15		Posted	(*SAP) Minutes
6/18/15	5/19/15	Preliminary	Posted	(*SAP) Minutes
7/16/15	6/16/15	Preliminary	Posted	Final Minutes	LOC1 LOC5
8/20/15	7/22/15	Preliminary	Posted	(*SAP) Minutes
9/17/15	8/18/15	Preliminary	Posted	Final Minutes
10/15/15	9/16/15	Preliminary	Posted	Final Minutes	LOC2 LOC5
11/19/15	10/20/15	Preliminary	Posted	Final Minutes
12/17/15	11/16/15	Preliminary	Posted	(*SAP) Minutes	LOC5

SAP - Same As Posted

MEETING DATE	APPLICATIONS DUE	10 DAY DEADLINE	ELECTION DATE	1 WEEK PRIOR	24 HOURS PRIOR	POST MEETING	LOC CERTIFICATES OF APPROVAL
08/08/2024					Posted	(*SAP) Minutes ➲
04/09/2024					Posted	(*SAP) Minutes ➲
12/12/2024	11/08/2024	11/25/2024	03/29/2025	Preliminary	Posted	(*SAP) Minutes ➲	LOC5
11/21/2024	10/21/2024	11/04/2024		Preliminary	Posted	(*SAP) Minutes ➲
10/17/2024	09/18/2024	10/02/2024		Preliminary	Posted	Final Minutes ➲	RES1 LOC1
09/26/2024	08/20/2024	09/04/2024	12/07/2024	Preliminary	Posted	Final Minutes ➲	LOC1 LOC5
08/15/2024	07/17/2024	07/31/2024		Preliminary	Posted	(*SAP) Minutes ➲
07/24/2024	06/18/2024	07/02/2024		Preliminary	Posted	Final Minutes ➲	LOC1 LOC5
06/20/2024	05/20/2024	06/04/2024		Preliminary	Posted	(*SAP) Minutes ➲
05/16/2024	04/17/2024	05/01/2024	11/05/2024	Preliminary	Posted	Final Minutes ➲
04/18/2024	03/19/2024	04/03/2024		Preliminary	Posted	(*SAP) Minutes ➲
03/21/2024	02/21/2024	03/06/2024		Preliminary	Posted	(*SAP) Minutes ➲	LOC5
02/15/2024	01/16/2024	01/30/2024	04/27/2024	Preliminary	Posted	Final Minutes ➲
01/18/2024	12/13/2023	12/29/2023		Preliminary	Posted	(*SAP) Minutes ➲

SAP - Same As Posted- ➲ Link to Archived Video/Audio

All meetings are held at 10:00 a.m. (8:00 a.m. during Legislative Session) in Senate Committee Room A-B unless posted otherwise.

MEETING DATE	APPLICATIONS DUE	10 DAY DEADLINE	ELECTION DATE	1 WEEK PRIOR	24 HOURS PRIOR	POST MEETING	LOC CERTIFICATES OF APPROVAL
01/16/2025	12/12/2024	12/30/2024		Preliminary	Posted	(*SAP) Minutes ➲	LOC5
02/20/2025	01/22/2025	02/05/2025	05/03/2025	Preliminary	Posted	Final Minutes ➲
03/20/2025	02/18/2025	03/05/2025		Preliminary	Posted	(*SAP) Minutes ➲
04/09/2025					Posted	Cancellation Notice
04/22/2025	03/19/2025	04/02/2025		Preliminary	Posted	(*SAP) Minutes ➲
05/15/2025	04/15/2025	04/30/2025	10/11/2025	Preliminary	Posted	(*SAP) Minutes ➲
06/11/2025	05/12/2025	05/27/2025		Preliminary	Posted	(*SAP) Minutes ➲
07/17/2025	06/16/2025	07/01/2025		Preliminary	Posted	(*SAP) Minutes ➲	LOC1 LOC5
08/21/2025	07/23/2025	08/06/2025		Preliminary	Posted	(*SAP) Minutes ➲	LOC1 LOC5
09/18/2025	08/19/2025	09/03/2025	11/15/2025	Preliminary	Posted	(*SAP) Minutes ➲	LOC1 LOC5
10/16/2025	09/17/2025	10/01/2025		Preliminary	Posted	Final Minutes ➲	LOC1 LOC5
10/30/2025					Posted	Cancellation Notice
11/12/2025					Posted	(*SAP) Minutes ➲
11/20/2025	10/21/2025	11/04/2025		Preliminary	Posted	(*SAP) Minutes ➲	RES1 LOC1 LOC2 LOC5
12/11/2025	11/07/2025	11/24/2025	05/16/2026	Preliminary
01/15/2026	12/09/2025	12/23/2025

All meetings are held at 10:00 a.m. (8:00 a.m. during Legislative Session) in Senate Committee Room A-B unless posted otherwise.

*Dates are subject to change by the Legislature. 2025 and 2026 Election Dates are as of April 2020 and February 2024, respectively.

**Dates are subject to change due to proclaimed holiday.

Meet the Staff

Lela Folse

Director

225-219-1134

Kristie Wilkerson

Debt Analyst | State Bond Commission

Cassandra Berthelot

Assistant Director

225-219-9564

Telisha Snell

Executive Staff Officer

22-342-0067

FAQ’s & Resources

Debt Management

Elections

General

Issuing Debt

Post Issuance

Yes! Each year at the regularly scheduled March meeting, the State Bond Commission (SBC) approves the Net State Tax Supported Debt Report that details the State’s various credit types, credit ratings, balances, and the legal ability to issue additional debt. That report can be found under the Helpful Links on SBC’s main webpage. Additionally, check out the Inside the Vault Transparency webpage Treasury maintains for more information on State obligations