House Bill No. by Representative Wright proposes a constitutional amendment to Article VII, Section 14(B) of the Louisiana Constitution, which currently restricts the investment of state funds. The amendment seeks to authorize the investment of state funds in digital assets and precious metals, adding a new provision, Section 14(B)(16), to the existing authorized uses of public funds. This change aims to expand the financial strategies available to the state, allowing for diversification of investments in emerging asset classes.

The proposed amendment will be submitted to voters during the statewide election scheduled for November 3, 2026. If approved, it will retain the existing prohibitions on the loaning, donating, or pledging of state funds while specifically permitting investments in digital assets and precious metals, thereby aligning state investment practices with contemporary financial trends.