HB 241 Louisiana House · 2026 Regular Session

BANKS/BANKING: Provides changes to the disclosure of financial records law

HB 241 amends Louisiana law governing how banks must handle requests for financial records. It updates the definition of "supervisory agency" to explicitly include the federal Consumer Financial Protection Bureau (CFPB) and revises procedures for serving disclosure demands on bank customers. The bill allows disclosure demands to be delivered by any person over 18 (not just a sheriff) and specifies service methods for customers' legal representatives. These changes directly affect banks operating in Louisiana and their customers when responding to regulatory record requests. The bill focuses on procedural clarity for legal service of demands, not substantive changes to banking regulations.

Bill status signed all 5 stages cleared

Introduction

Feb 2026

Committee Review

Apr 2026

House Passage

Apr 2026

Senate Passage

May 2026

Signed into Law

May 2026

Introduced Feb 20, 2026 Signed May 15, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

HB241 Original → HB241 Act · 3 edits

MINOR

This bill updates Louisiana's financial records disclosure law to reflect changes in federal banking oversight by replacing references to the defunct Office of Thrift Supervision with the current Consumer Financial Protection Bureau. It also clarifies the legal procedures for serving official demands on bank customers and their attorneys, allowing service by individuals over 18 instead of requiring a sheriff, and permits service on law firm partners or associates.

Scope change

The bill expands the scope of federal agencies eligible to receive financial records disclosures and modifies the scope of who can legally serve process on behalf of the state in banking matters.

ELIGIBILITY

Replaced the defunct Office of Thrift Supervision with the Consumer Financial Protection Bureau as an authorized recipient of financial record disclosures.

REQUIREMENT

Changed the requirement for serving legal demands on bank customers from requiring a sheriff to allowing any individual aged 18 or older.

Expanded who can receive legal service on behalf of a customer to include law firm partners or office associates, not just the secretary.

Floor votes · Senate May 12, 2026 · House Apr 20, 2026

How they voted

34–0

Passed · 6 other

Total votes 40

May 12, 2026

D Democratic12

9 Yea 3

75% Yea

R Republican28

25 Yea 3

89% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 12, 2026

Upper · Passed

Rules suspended. Read by title, passed by a vote of 33 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

upper

Apr 29, 2026

Committee

Read by title and referred to the Legislative Bureau.

upper

Apr 28, 2026

Upper · Passed

Reported favorably.

upper

Apr 20, 2026

Lower · Passed

Read third time by title, roll called on final passage, yeas 91, nays 0. Finally passed, title adopted, ordered to the Senate.

lower

Apr 13, 2026

Lower · Passed

Reported favorably (10-0).

lower

Mar 9, 2026

Committee

Read by title, under the rules, referred to the Committee on Commerce.

lower

Feb 20, 2026

Committee

Under the rules, provisionally referred to the Committee on Commerce.

lower

1 primary · 0 co-sponsors