Louisiana legislation · 2026 Regular Session
Louisiana SB163: COMMERCIAL REGULATIONS: Provides relative to the licensing and regulation of virtual currency businesses. (8/1/26)
Status: Chaptered, June 23, 2026
What the bill says
An act To repeal Section 2 of Act No. 700 of the 2024 Regular Session of the Legislature, relative to the licensure and regulation of virtual currency businesses; to provide relative to the authority, functions, and duties of the office of financial institutions; and to provide for related matters.
From the introduced text:
AN ACT To repeal Section 2 of Act No. 700 of the 2024 Regular Session of the Legislature, relative to the licensure and regulation of virtual currency businesses; to provide relative to the authority, functions, and duties of the office of financial institutions; and to provide for related matters. Be it enacted by the Legislature of Louisiana: Section 1. Section 2 of Act No. 700 of the 2024 Regular Session of the Legislature is hereby repealed. The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Senate Legislative Services. The keyword, summary, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] DIGEST SB 163 Original 2026 Regular Session Reese Present law provides relative to the Virtual Currency Business Act, which provides for the regulation of virtual currency business. Present law sunsets on July 1, 2027. Proposed law repeals the sunset date. Page 1 of Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SLS 26RS-326 ORIGINAL SB NO. Effective August 1, 2026. (Repeals Section 2 of Act No. 700 of 2024 R.S.) Page 2 of Coding: Words which are struck through are deletions from existing law; words in boldface type and …
Sponsors
- Reese, Mike (R, 30) · primary sponsor
Latest actions
- : Effective date 8/1/2026.
- : Becomes Act No. 923 without the Governor's signature.
- : Sent to the Governor by the Secretary of the Senate.
- : Signed by the Speaker of the House.
- : Enrolled. Signed by the President of the Senate.
- : Amendments proposed by the House read and concurred in by a vote of 38 yeas and 0 nays.
- : Received from the House with amendments.
- : Read third time by title, amended, roll called on final passage, yeas 97, nays 0. Finally passed, ordered to the Senate.
- : Called from the calendar.
- : Scheduled for floor debate on 05/20/2026.
Votes
- Senate Vote on SB 163, CONCUR (#1191) (May 25, 2026): 38 yea, 0 nay, passed
- House Vote on SB 163, FINAL PASSAGE (#1455) (May 20, 2026): 97 yea, 0 nay, passed
- Senate Vote on SB 163, FINAL PASSAGE (#98) (March 23, 2026): 35 yea, 0 nay, passed
Common questions
- What is SB163?
- SB163 is a bill in the Louisiana Legislature (2026 Regular Session): COMMERCIAL REGULATIONS: Provides relative to the licensing and regulation of virtual currency businesses. (8/1/26).
- What does SB163 do?
- In its own words: An act To repeal Section 2 of Act No. 700 of the 2024 Regular Session of the Legislature, relative to the licensure and regulation of virtual currency businesses; to provide relative to the authority, functions, and duties of the office of financial institutions; and to provide for related matters.
- What is the status of SB163?
- Chaptered as of June 23, 2026. Latest action: Effective date 8/1/2026. (June 23, 2026).
- Who sponsored SB163?
- Reese, Mike (R, 30).
- Where is the official record for SB163?
- On the Louisiana Legislature website: https://legis.la.gov/legis/BillInfo.aspx?s=26RS&b=SB163
Source: official Louisiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.