SB 28 Louisiana Senate · 2024 Regular Session

COMMERCIAL REGULATIONS: Provides relative to the licensing and regulation of virtual currency businesses. (8/1/24)

This bill repeals the 2023 law that established rules for licensing and regulating virtual currency businesses in Louisiana. By removing those specific regulations, it effectively eliminates the current legal framework governing cryptocurrency companies in the state. The legislation does not create new rules but instead undoes previous requirements that businesses had to follow.
Bill status signed all 5 stages cleared
Introduction
Feb 2024
Committee Review
Apr 2024
Senate Passage
Mar 2024
House Passage
May 2024
Signed into Law
May 2024
Introduced Feb 26, 2024 Signed May 23, 2024
Floor votes · Senate Mar 19, 2024 · House May 15, 2024

How they voted

370
Passed
Total votes 37
Mar 19, 2024
D Democratic12
12 Yea
100% Yea
R Republican25
25 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
18
Key actions
4
Committee
4
Amendments
1
May 15, 2024
Lower · Passed
Read third time by title, roll called on final passage, yeas 91, nays 0. Finally passed, ordered to the Senate.
lower
Apr 30, 2024
Introduced
Reported without Legislative Bureau amendments.
lower
Apr 29, 2024
Lower · Passed
Reported favorably (14-0). Referred to the Legislative Bureau.
lower
Mar 21, 2024
Committee
Read by title, under the rules, referred to the Committee on Commerce.
lower
Mar 19, 2024
Upper · Passed
Read by title, passed by a vote of 38 yeas and 0 nays, and sent to the House. Motion to reconsider tabled.
upper
Mar 13, 2024
Upper · Passed
Reported favorably.
upper
Mar 11, 2024
Committee
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Commerce, Consumer Protection and International Affairs.
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Mike Reese
Mike Reese
RRepublican
LA
30