SB287 — BANKS/BANKING: Provides relative to virtual currency. (8/1/26)
Last action — Effective date 8/1/2026.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 27, 2026. Enacted.
Signed by Governor Jeff Landry (Republican) on May 21, 2026.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 R).
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
The bill adjusts regulations regarding virtual currency in banking.
This legislation aims to modify existing banking laws to incorporate guidelines for virtual currency. It addresses how financial institutions can deal with cryptocurrencies.
Summary
BANKS/BANKING: Provides relative to virtual currency. (8/1/26)
Bill Text
We don't have the full text on file for this bill yet.
Read SB287 on the official Louisiana source →Action History
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Prefiled and under the rules provisionally referred to the Committee on Commerce, Consumer Protection and International Affairs.
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Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Commerce, Consumer Protection and International Affairs.
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Reported with amendments.
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Read by title. Committee amendments read and adopted. Ordered engrossed and passed to third reading and final passage.
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Read by title and returned to the Calendar, subject to call.
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Called from the Calendar.
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Senate floor amendments read and adopted. Read by title and passed by a vote of 36 yeas and 0 nays; ordered reengrossed and sent to the House. Motion to reconsider tabled.
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Received in the House from the Senate, read by title, lies over under the rules.
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Read by title, under the rules, referred to the Committee on Commerce.
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Reported with amendments (11-0). Referred to the Legislative Bureau.
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Reported without Legislative Bureau amendments.
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Read by title, amended, passed to 3rd reading.
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Scheduled for floor debate on 05/18/2026.
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Read third time by title, roll called on final passage, yeas 96, nays 0. Finally passed, ordered to the Senate.
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Received from the House with amendments.
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Amendments proposed by the House read and concurred in by a vote of 32 yeas and 0 nays.
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Enrolled. Signed by the President of the Senate.
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Signed by the Speaker of the House.
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Sent to the Governor by the Secretary of the Senate.
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Signed by the Governor. Becomes Act No. 482.
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Effective date 8/1/2026.
Sponsors
- Mike Reese · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 146 not signed on
Sponsors (1)
- Mike Reese Republican
Co-sponsors (0)
None.
Not signed on (146)
146 members have not signed on to this bill.
Show all 146 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB287 do?
- BANKS/BANKING: Provides relative to virtual currency. (8/1/26)
- Who sponsors SB287?
- SB287 is sponsored by Mike Reese (Republican).
- What is the current status of SB287?
- This bill has been enacted into law. Introduced February 27, 2026. Enacted.
- Where can I track SB287?
- Track SB287 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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