Louisiana HB1256: PROPERTY/UNCLAIMED: Provides with respect to abandoned digital assets

What the bill says

An act To amend and reenact R.S. 9:154(A)(19) and (E), 160(D), and to enact R.S. 9:153(13)(j) and (17) through (22), 154(A)(20) and (F), 159(E), 160.1 through 160.5, and 164(F), relative to digital assets; to provide for definitions; to establish standards for the custody of unclaimed digital assets presumed abandoned; to provide for a presumption for digital assets; to provide for the delivery of abandoned digital assets to the administrator's custody; to provide for the maintenance of abandoned digital assets by the holder…

From the introduced text:

AN ACT To amend and reenact R.S. 9:154(A)(19) and (E), 160(D), and to enact R.S. 9:153(13)(j) and (17) through (22), 154(A)(20) and (F), 159(E), 160.1 through 160.5, and 164(F), relative to digital assets; to provide for definitions; to establish standards for the custody of unclaimed digital assets presumed abandoned; to provide for a presumption for digital assets; to provide for the delivery of abandoned digital assets to the administrator's custody; to provide for the maintenance of abandoned digital assets by the holder; to provide for the sale or liquidation of abandoned digital assets by the holder, administrator, or third-party contracted by the administrator; to require annual reports by the administrator; to provide for the discontinuance of reports by the administrator; and to provide for an effective date; to authorize the law institute to make changes; and to provide for related matters. Be it enacted by the Legislature of Louisiana: Section 1. R.S. 9:154(A)(19) and (E) and 160(D) are hereby amended and reenacted and R.S. 9:153(13)(j) and (17) through (22), 154(A)(20) and (F), 159(E), 160.1 through 160.5, and 164(F) are hereby enacted to read as follows: §153. Definitions As used in this Chapter: * * * Page 1 of CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 26RS-4522 ORIGINAL HB NO. 1256 (13) …

Read the full official text

Sponsors

• Mena, Shaun (D, 23) · primary sponsor

Latest actions

1. June 9, 2026: Effective date: 01/01/2027.
2. June 9, 2026: Signed by the Governor. Becomes Act No. 891.
3. June 1, 2026: Sent to the Governor for executive approval.
4. June 1, 2026: Signed by the President of the Senate.
5. May 31, 2026: Enrolled and signed by the Speaker of the House.
6. May 29, 2026: Read by title, roll called, yeas 97, nays 0, Senate amendments concurred in.
7. May 28, 2026: Scheduled for concurrence on 05/29/2026.
8. May 28, 2026: Received from the Senate with amendments.
9. May 28, 2026: Senate floor amendments read and adopted. Read by title, passed by a vote of 35 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
10. May 28, 2026: Called from the Calendar.

Votes

• House Vote on HB 1256, CONCUR IN SENATE AMENDMENTS (#1757) (May 29, 2026): 97 yea, 0 nay, passed
• Senate Vote on HB 1256, FINAL PASSAGE (#1523) (May 28, 2026): 35 yea, 0 nay, passed
• House Vote on HB 1256, FINAL PASSAGE (#1104) (May 11, 2026): 95 yea, 2 nay, passed

Common questions

What is HB1256?

HB1256 is a bill in the Louisiana Legislature (2026 Regular Session): PROPERTY/UNCLAIMED: Provides with respect to abandoned digital assets.

What does HB1256 do?

In its own words: An act To amend and reenact R.S. 9:154(A)(19) and (E), 160(D), and to enact R.S. 9:153(13)(j) and (17) through (22), 154(A)(20) and (F), 159(E), 160.1 through 160.5, and 164(F), relative to digital assets; to provide for definitions; to establish standards for the custody of unclaimed digital assets presumed abandoned; to provide for a presumption for digital assets; to provide for the delivery of abandoned digital assets to the administrator's custody; to provide for the maintenance of abandoned digital assets by the holder…

What is the status of HB1256?

Signed into law as of June 9, 2026. Latest action: Effective date: 01/01/2027. (June 9, 2026).

Who sponsored HB1256?

Mena, Shaun (D, 23).

Where is the official record for HB1256?

On the Louisiana Legislature website: https://legis.la.gov/legis/BillInfo.aspx?s=26RS&b=HB1256