Struck = removed from the bill ยท
added = the amendment's new text.
HFASB163 4463 5562 FOR OFFICE USE ONLY HOUSE FLOOR AMENDMENTS Regular Session ENROLLEDAmendments SENATEproposed BILLby NO.Representative Carver to Engrossed Senate Bill No.
163 BYby SENATORSenator REESEReese ANAMENDMENT ACTNO. To repeal Section 3 of Act No.
3311 ofIn theAmendment 2023 Regular Session of the Legislature and Section 2 of Act No.
7001 ofby the 2024House RegularCommittee Sessionon ofCommerce the(#5349), Legislature,on relativepage to1, thelicensureandline regulation2, ofafter virtual"effectiveness;" currencybusinesses;insert "to repeal sunset provisions;" AMENDMENT NO.
to2 provideOn relativepage to1, theline authority,2, functions,after"repeal"andbefore"Section"insert"Section3ofActNo.331 andof dutiesthe 2023 Regular Session of the officeLegislature ofand" financialAMENDMENT institutions;NO.
to3 provideOn forpage effectiveness;1, line 7, after "1." and before "Section" insert "Section 3 of Act No.
to331 repealof sunsetthe provisions;2023 Regular Session of the Legislature and" AMENDMENT NO.
and4 On page 1, line 8, change "is" to provide"are" forPage related1 matters.of 1 CODING:
BeWordsinstruckthroughtypearedeletionsfromexistinglaw;wordsunderscored itare enactedadditions. by the Legislature of Louisiana:
Section 1.
Section 3 of Act No.
331 of the 2023 Regular Session of the Legislature and Section 2 of Act No.
700 of the 2024 Regular Session of the Legislature are hereby repealed.
Section 2.
If any federal law related to the licensure of virtual currency business activities preempts anyprovision of Chapter 21 of Title 6 of the Louisiana Revised Statutes of 1950, known as the Virtual CurrencyBusiness Act, then anyprovision of Louisiana law authorizing the preempted activity shall be deemed null, void, and without force or effect to theextentoftheconflictwithfederallaw.
Suchchangeshall becomeeffectiveonthelast day of the calendar year in which the federal law becomes effective.
PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED:
Page 1 of 1 Coding:
Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.