Louisiana legislation · 2026 Regular Session
Louisiana HB468: REAL ESTATE: Provides with respect to the wholesale of residential real properties
Status: Signed into law, June 9, 2026
What the bill says
An act To enact R.S. 37:1431 (35) through (37) and 1448.5, relative to the wholesale of residential real properties; to provide for definitions; to provide relative to wholesalers; to provide for disclosures from a wholesaler; to provide for written agreements and contracts; to provide for written notice; to provide for enforcement; and to provide for related matters.
From the introduced text:
AN ACT To enact R.S. 37:1431 (35) through (37) and 1448.5, relative to the wholesale of residential real properties; to provide for definitions; to provide relative to wholesalers; to provide for disclosures from a wholesaler; to provide for written agreements and contracts; to provide for written notice; to provide for enforcement; and to provide for related matters. Be it enacted by the Legislature of Louisiana: Section 1. R.S. 37:1431 (35) through (37) and 1448.5 are hereby enacted to read as follows: §1431. Definitions As used in this Chapter, the following words have the meaning ascribed to them in this Section unless the context clearly indicates otherwise: * * * (35) "Residential real property" means real property consisting of one or not more than four residential dwelling units, which are buildings or structures each of which is occupied or intended for occupancy as single family residences. (36) "Wholesaler" means any person or entity that is either engaged in or intends to engage in the wholesaling of residential real property. (37) "Wholesaling" means securing, negotiating, or facilitating the purchase or sale of residential real property with the purpose of transferring, assigning, or Page 1 of CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 26RS-866 ORIGINAL HB NO. selling a contractual right to purchase or …
Sponsors
- Hebert, Troy (R, 31) · primary sponsor
Latest actions
- : Effective date: 08/01/2026.
- : Signed by the Governor. Becomes Act No. 807.
- : Sent to the Governor for executive approval.
- : Signed by the President of the Senate.
- : Enrolled and signed by the Speaker of the House.
- : Notice of Senate adoption of Conference Committee Report.
- : Conference Committee Report read; adopted by a vote of 35 yeas and 0 nays.
- : Notice House adopted the Conference Committee Report.
- : Conference Committee Report read, roll called, yeas 94, nays 0. Having received two-thirds vote of the elected members, the Conference Committee Report was adopted.
- : Scheduled for floor debate on 05/31/2026.
Votes
- Senate Vote on HB 468, ADOPT (#1600) (May 31, 2026): 35 yea, 0 nay, passed
- House Vote on HB 468, ADOPT CONFERENCE REPORT (#1784) (May 31, 2026): 94 yea, 0 nay, passed
- House Vote on HB 468, REJECT SENATE AMENDMENTS (#1429) (May 20, 2026): 91 yea, 0 nay, passed
- Senate Vote on HB 468, FINAL PASSAGE (#775) (May 12, 2026): 34 yea, 0 nay, passed
- House Vote on HB 468, FINAL PASSAGE (#329) (April 7, 2026): 96 yea, 0 nay, passed
Common questions
- What is HB468?
- HB468 is a bill in the Louisiana Legislature (2026 Regular Session): REAL ESTATE: Provides with respect to the wholesale of residential real properties.
- What does HB468 do?
- In its own words: An act To enact R.S. 37:1431 (35) through (37) and 1448.5, relative to the wholesale of residential real properties; to provide for definitions; to provide relative to wholesalers; to provide for disclosures from a wholesaler; to provide for written agreements and contracts; to provide for written notice; to provide for enforcement; and to provide for related matters.
- What is the status of HB468?
- Signed into law as of June 9, 2026. Latest action: Effective date: 08/01/2026. (June 9, 2026).
- Who sponsored HB468?
- Hebert, Troy (R, 31).
- Where is the official record for HB468?
- On the Louisiana Legislature website: https://legis.la.gov/legis/BillInfo.aspx?s=26RS&b=HB468
Source: official Louisiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.