HLS 23RS-811 ENGROSSED
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) and to enact R.S. 10:9-102(a)(82), relative to
3 central bank digital currency; to provide an exception to a deposit account; to define
4 a central bank currency; and to provide for related matters.
5Be it enacted by the Legislature of Louisiana:
6 Section 1. R.S. 10:9-102(a)(29) is hereby amended and reenacted and R.S.
710:9-102(a)(82) is hereby enacted to read as follows:
8 ยง9-102. Definitions and index of definitions
9 (a) Chapter 9 definitions. In this Chapter:
10 * * *
11 (29) "Deposit account" means a demand, time, savings, passbook, or similar
12 account maintained with a bank. The term does not include investment property, a
13 central bank digital currency, or accounts evidenced by an instrument.
14 * * *
15 (82) "Central bank digital currency" means a digital currency, a digital
16 medium of exchange, or a digital monetary unit of account issued by the Board of
17 Governors of the Federal Reserve System, a federal agency, that is processed,
18 validated, or made directly available to a consumer by such entities.
19 * * *
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 23RS-811 ENGROSSED
HB NO. 415
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 Engrossed 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.
Proposed law retains present law and adds that a deposit account does not include a central
bank digital currency.
Proposed law defines the term "central bank digital currency".
(Amends R.S. 10:9-102(a)(29); Adds R.S. 10:9-102(a)(82))
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Commerce to the
original bill:
1. Add definition of central bank digital currency.
2. Make technical changes.
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.