Louisiana legislation · 2026 Regular Session
Louisiana HB555: BANKS/BANKING: Provides relative to elderly financial exploitation
Status: Signed into law, June 1, 2026
What the bill says
An act To amend and reenact R.S. 6:1374(E)(2) and (F)(1) and to enact R.S. 6:1372(5)(c) and (d), relative to protection of eligible adults from financial exploitation; to provide for definitions; to provide for delays of financial transactions; and to provide for related matters.
From the introduced text:
AN ACT To amend and reenact R.S. 6:1374(E)(2) and (F)(1) and to enact R.S. 6:1372(5)(c) and (d), relative to protection of eligible adults from financial exploitation; to provide for definitions; to provide for delays of financial transactions; and to provide for related matters. Be it enacted by the Legislature of Louisiana: Section 1. R.S. 6:1374(E)(2) and (F)(1) are hereby amended and reenacted and R.S. 6:1372(5)(c) and (d) are hereby enacted to read as follows: §1372. Definitions As used in this Chapter, the following terms and phrases have the meanings hereinafter ascribed to them: * * * (5) "Financial exploitation" means any of the following: * * * (c) The use of a scam, a deceptive scheme, enticement, extortion, or impersonation of a government official, causing the eligible adult to conduct a financial transaction or to transfer money to a stranger or imposter for a promised benefit or good that the eligible adult did not receive. (d) The use of fraud, false pretense or misrepresentation for personal gain at the expense of the eligible adult. * * * Page 1 of CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 26RS-1270 ORIGINAL HB NO. §1374. Delaying financial transactions * * * E. Except as provided in Subsection F of this Section, any delay of …
Sponsors
- Carver, Kim (R, 89) · primary sponsor
- Boyd, Delisha (D, 102)
- Chassion, Tehmi (D, 44)
- Cox III, Vincent (R, 85)
- Domangue, Jessica (R, 53)
- Jordan, Edmond (D, 29)
- Landry, Jacob (R, 49)
- Landry Jr., Terry (D, 67)
- McMakin, Dixon (R, 68)
- Mena, Shaun (D, 23)
- Newell, Candace (D, 99)
- Riser, Neil (R, 20)
Latest actions
- : Effective date: 08/01/2026.
- : Signed by the Governor. Becomes Act No. 654.
- : Sent to the Governor for executive approval.
- : Signed by the President of the Senate.
- : Enrolled and signed by the Speaker of the House.
- : Read by title, roll called, yeas 97, nays 0, Senate amendments concurred in.
- : Scheduled for concurrence on 05/27/2026.
- : Received from the Senate with amendments.
- : Rules suspended. The amended bill was read by title, passed by a vote of 35 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
- : Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
Votes
- House Vote on HB 555, CONCUR IN SENATE AMENDMENTS (#1596) (May 27, 2026): 97 yea, 0 nay, passed
- Senate Vote on HB 555, FINAL PASSAGE (#1160) (May 21, 2026): 35 yea, 0 nay, passed
- House Vote on HB 555, FINAL PASSAGE (#64) (March 24, 2026): 98 yea, 0 nay, passed
Common questions
- What is HB555?
- HB555 is a bill in the Louisiana Legislature (2026 Regular Session): BANKS/BANKING: Provides relative to elderly financial exploitation.
- What does HB555 do?
- In its own words: An act To amend and reenact R.S. 6:1374(E)(2) and (F)(1) and to enact R.S. 6:1372(5)(c) and (d), relative to protection of eligible adults from financial exploitation; to provide for definitions; to provide for delays of financial transactions; and to provide for related matters.
- What is the status of HB555?
- Signed into law as of June 1, 2026. Latest action: Effective date: 08/01/2026. (June 1, 2026).
- Who sponsored HB555?
- Carver, Kim (R, 89), with 11 co-sponsors.
- Where is the official record for HB555?
- On the Louisiana Legislature website: https://legis.la.gov/legis/BillInfo.aspx?s=26RS&b=HB555
Source: official Louisiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.