LouisianaLouisiana law removes sunsets and yields to conflicting federal licensing rules
Louisiana law repeals two sunset provisions and says conflicting state authorization ends when federal licensing law takes effect, on that year's last day.
What it does
If federal licensing law conflicts with Louisiana's rules for virtual currency businesses, the conflicting state authorization becomes void, but only to the extent of the conflict.
Louisiana law repeals two sunset provisions tied to virtual currency business licensing and regulation.
Argument forThe rule could prevent Louisiana from keeping state authorization in place where federal licensing law overrides it.
Argument againstBusinesses could lose state authorization for an activity to the extent federal licensing law conflicts with Louisiana law.
More detail
Louisiana law treats state authorization as void where federal licensing law overrides it. The rule covers Louisiana law authorizing activities under the Virtual Currency Business Act. This applies only to the extent federal licensing law conflicts with a provision of Louisiana's Virtual Currency Business Act. The rule takes effect on the last day of the calendar year in which the federal law takes effect.
Louisiana law repeals two provisions described as sunset provisions. The repealed provisions are from 2023 and 2024 laws concerning virtual currency business licensing and regulation.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 23Becomes Act No. 923 without the Governor's signature.Latest
- Jun 23Effective date 8/1/2026.
- May 26Enrolled. Signed by the President of the Senate.To Governor
- May 26Signed by the Speaker of the House.
- May 26Sent to the Governor by the Secretary of the Senate.Minor
- May 25Amendments proposed by the House read and concurred in by a vote of 38 yeas and 0 nays.
- Vote recorded CONCUR (#1191). Result: pass.Upper
- May 20Called from the calendar.
- Vote recorded FINAL PASSAGE (#1455). Result: pass.Lower
- May 20Read third time by title, amended, roll called on final passage, yeas 97, nays 0. Finally passed, ordered to the Senate.Passed House
- May 20Received from the House with amendments.Minor
- May 18Scheduled for floor debate on 05/18/2026.
- May 18Read by title, returned to the calendar.
- May 18Notice given.
- May 18Scheduled for floor debate on 05/20/2026.
- May 13Read by title, amended, passed to 3rd reading.Minor
- May 12Reported without Legislative Bureau amendments.
- May 11Reported with amendments (10-0). Referred to the Legislative Bureau.Minor
- Mar 25Read by title, under the rules, referred to the Committee on Commerce.Minor
- Mar 24Received in the House from the Senate, read by title, lies over under the rules.
- Mar 23Read by title, passed by a vote of 35 yeas and 0 nays, and sent to the House. Motion to reconsider tabled.Passed Senate
- Vote recorded FINAL PASSAGE (#98). Result: pass.Upper
- Mar 16Read by title. Ordered engrossed and passed to third reading and final passage.
- Mar 11Reported favorably.Minor
- Mar 9Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Commerce, Consumer Protection and International Affairs.Minor
- Feb 25Prefiled and under the rules provisionally referred to the Committee on Commerce, Consumer Protection and International Affairs.Introduced
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