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Senate Finance Committee Approves State Budget Plan

The committee shifted nearly $75 million away from school funding while adding nearly $400 million for roads and highway projects.

  • On Thursday, the Louisiana Senate Finance Committee advanced a revised $47 billion state budget, eliminating $43.5 million for the Louisiana Giving All True Opportunity to Rise scholarship program expansion.
  • Lawmakers acted after the Revenue Estimating Conference forecast a $104 million revenue shortfall for the next fiscal year, forcing the committee to delay new program expansions to maintain a standstill budget.
  • Senate Finance Committee members redirected funds, approving nearly $500 million for highway priority programs and road repairs, alongside $90 million for Louisiana Economic Development to spur private industry investment.
  • These changes followed Saturday's election where voters rejected Amendment 3, prompting Gov. Jeff Landry to declare state employees will not receive pay raises if teachers do not get permanent increases.
  • Facing a June 1 deadline for the 2026 Regular Legislative Session, the full Senate will vote on amended funding bills next week to finalize the state's budget plan.
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KATC broke the news on Thursday, May 21, 2026.
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