State Bond Commission approves broad slate of local loans and bonds; defers one item and grants conditional approval to Capital Area Finance Authority

The State Bond Commission on June 18, 2026, approved a series of local loans, bond finalizations and ratifications at its meeting in Senate Committee Room A‑B at the State Capitol, minutes show. The panel approved most items by unanimous consent after staff synopses and short discussion.

Representative Phillip R. DeVillier, Speaker of the House, moved approval of the May 21 meeting minutes and later moved approval of multiple agenda blocks; Senator Rick Edmonds seconded those motions and each carried "without objection," according to the minutes. Ms. Folse provided synopses for the agenda blocks throughout the meeting.

Why it matters: Approvals by the State Bond Commission enable local governments and authorities to proceed with financing plans and bond closings that support infrastructure, local projects and economic development. Several items on the agenda authorized loans and bonds for political subdivisions and regional projects.

What the commission approved: The commission approved Items 3–56 en bloc (excluding Item 27, which had been withdrawn), Items 57–59 (local political subdivision loans), and Items 60–62 (local political subdivision bonds, final approval). It also approved Item 63 concerning the City of Lafayette and Item 64 concerning the Central Louisiana Regional Port (FastSites Program), all by motion of Representative DeVillier and seconded by Senator Edmonds, carried without objection.

Deferred and conditional items: Item 65, a political subdivision bond matter, received additional information from John Mayeaux, Senior Vice President at Sisung Securities Corporation, and Toby Comeaux, Vice President of Administration at Louisiana Community & Technical Colleges; following discussion, Item 65 was voluntarily deferred. Item 66 was then approved without objection. Item 67, a request from the Capital Area Finance Authority, drew presentations from Kristin Delahoussaye (Lending Program Manager, Capital Area Finance Authority), Mark Drennen (CEO, Capital Area Finance Authority) and Thomas Hessburg (Partner, Butler Snow LLP). The commission granted conditional approval of Item 67 contingent upon adoption and subsequent verification of a resolution by the Capital Area Finance Authority scheduled for July 16, 2026.

Other business: Items 68 and 69 (ratifications and/or amendments to prior approvals) were approved without objection. Ms. Folse provided a status update on Item 70 (State of Louisiana General Obligation Bonds) and said Item 71 (Request for Qualifications) will be discussed at the July State Bond Commission meeting. Ms. Folse also provided the information for Item 72 (Monthly Reports). The meeting was adjourned on a motion of the chairman carried without objection.

Meeting mechanics and next steps: The minutes record that many approvals were made "without objection," and do not include roll‑call vote tallies. The conditional approval for Item 67 requires the Capital Area Finance Authority to adopt the referenced resolution on or before July 16, 2026, and for the commission to verify that adoption before the conditional approval is finalized. Item 65 remains deferred and will return to a future agenda for further consideration.

Attendance: The minutes list members present representing the governor, lieutenant governor, secretary of state, attorney general, legislative leaders and committee chairs; Representative Christopher Turner was listed as absent.

A verbatim transcript in agenda order is available with the Bond Commission, according to the minutes.