Louisiana 2023 2023 Regular Session

Louisiana House Bill HB415 Introduced / Bill

                    HLS 23RS-811	ORIGINAL
2023 Regular Session
HOUSE BILL NO. 415
BY REPRESENTATIVE AMEDEE
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
BANKS/BANKING:  Provides relative to central bank digital currency
1	AN ACT
2To amend and reenact R.S.10:9-102(a)(29), relative to central bank digital currency; to
3 provide for the definition of a deposit account; and to provide for related matters.
4Be it enacted by the Legislature of Louisiana:
5 Section 1.  R.S. 10:9-102(a)(29) is hereby amended and reenacted to read as follows: 
6 ยง9-102.  Definitions and index of definitions
7	(a)  Chapter 9 definitions.  In this Chapter:
8	*          *          *
9	(29)  "Deposit account" means a demand, time, savings, passbook, or similar
10 account maintained with a bank.  The term does not include investment property, a
11 central bank digital currency, or accounts evidenced by an instrument.
12	*          *          *
DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part
of the legislative instrument.  The keyword, one-liner, abstract, 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)]
HB 415 Original 2023 Regular Session	Amedee
Abstract:  Provides that a deposit account does not include a central bank digital currency.
Present law defines "deposit account" and provides that a deposit account does not include
investment property or accounts evidenced by an instrument.
Page 1 of 2
CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HLS 23RS-811	ORIGINAL
HB NO. 415
Proposed law retains present law and adds that a deposit account does not include a central
bank digital currency.
(Amends R.S. 10:9-102(a)(29))
Page 2 of 2
CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.