HLS 23RS-811 REENGROSSED
2023 Regular Session
HOUSE BILL NO. 415
BY REPRESENTATIVES AMEDEE, BACALA, BUTLER, CARRIER, COX, CREWS,
EDMONSTON, FIRMENT, FRIEMAN, GAROFALO, GEYMANN, HORTON,
ILLG, MACK, MCCORMICK, MCFARLAND, MCKNIGHT, CHARLES OWEN,
RISER, SCHAMERHORN, WHEAT, AND WRIGHT
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.
19 * * *
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 23RS-811 REENGROSSED
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 Reengrossed 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.
The House Floor Amendments to the engrossed bill:
1. Make technical changes.
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.