LouisianaHB 4832025 Regular SessionHouseWALLET

BANKS/BANKING: Provide relative to virtual currency kiosks

Sponsored By: Mark Wright

Signed by Governor

Commerce, Consumer Protection and International AffairsCommerce

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 2 costs, 0 mixed.

Daily limits for crypto kiosk users

In Louisiana, each user can make no more than $3,000 in virtual currency kiosk transactions per day.

New fraud protections for crypto kiosk users

Louisiana kiosk operators must either wait 72 hours before processing transactions or offer cancellation and full refunds within 72 hours afterward, at their own cost—not both protections. Each kiosk must display a clear English warning in at least 20-point print: government officials do not request crypto ATM cash deposits, and suspected victims should contact local police before depositing. Operators must use blockchain software to help prevent transfers to wallets known to be linked to fraud; the state commissioner can request proof of use. Operators must take reasonable steps to prevent fraud and keep written policies covering risk checks, safeguards, monitoring duties, and regular review and updates. They must also enforce a written policy identifying users at risk because of age or mental capacity, reviewed and approved by their board or equivalent governing body.

Licensing rules cover crypto kiosk businesses

Louisiana brings kiosk-related businesses under its virtual currency business rules, including licensing requirements. This covers anyone who owns, operates, solicits, markets, advertises, or facilitates a virtual currency kiosk. Covered kiosks exchange virtual currency for government-issued money or other virtual currency.

Sponsors & Cosponsors

Sponsor

  • Mark Wright

    Affiliation unavailable

Cosponsors

  • Beth Mizell

    Republican • Senate

  • Cameron Henry

    Republican • Senate

  • Edward J. Price

    Democratic • Senate

  • Gerald Boudreaux

    Democratic • Senate

  • Katrina R. Jackson-Andrews

    Democratic • Senate

  • Larry Selders

    Affiliation unavailable

  • Patrick McMath

    Republican • Senate

  • Regina Barrow

    Democratic • Senate

  • Valarie Hodges

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 238 • No: 0

House vote • 6/10/2025

Read by title, roll called, yeas 86, nays 0, Senate amendments concurred in.

Yes: 86 • No: 0

Senate vote • 6/8/2025

Senate floor amendments read and adopted. Read by title, passed by a vote of 39 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

Yes: 39 • No: 0

House vote • 5/12/2025

Read third time by title, amended, roll called on final passage, yeas 98, nays 0. Finally passed, title adopted, ordered to the Senate.

Yes: 98 • No: 0

House vote • 5/6/2025

Reported with amendments

Yes: 15 • No: 0

Actions Timeline

  1. Signed by the Governor. Becomes Act No. 369.

    6/20/2025House
  2. Effective date: 08/01/2025.

    6/20/2025House
  3. Enrolled and signed by the Speaker of the House.

    6/11/2025House
  4. Signed by the President of the Senate.

    6/11/2025Senate
  5. Sent to the Governor for executive approval.

    6/11/2025House
  6. Read by title, roll called, yeas 86, nays 0, Senate amendments concurred in.

    6/10/2025House
  7. Received from the Senate with amendments.

    6/9/2025House
  8. Scheduled for concurrence on 06/10/2025.

    6/9/2025House
  9. Rules suspended. Called from the Calendar.

    6/8/2025Senate
  10. Senate floor amendments read and adopted. Read by title, passed by a vote of 39 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

    6/8/2025Senate
  11. Read by title and returned to the Calendar, subject to call.

    6/2/2025Senate
  12. Read by title and referred to the Legislative Bureau.

    6/1/2025Senate
  13. Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.

    6/1/2025Senate
  14. Reported favorably.

    5/29/2025Senate
  15. Read second time by title and referred to the Committee on Commerce, Consumer Protection and International Affairs.

    5/14/2025Senate
  16. Received in the Senate. Read first time by title and placed on the Calendar for a second reading.

    5/13/2025Senate
  17. Read third time by title, amended, roll called on final passage, yeas 98, nays 0. Finally passed, title adopted, ordered to the Senate.

    5/12/2025House
  18. Scheduled for floor debate on 05/12/2025.

    5/8/2025House
  19. Read by title, amended, ordered engrossed, passed to 3rd reading.

    5/7/2025House
  20. Reported with amendments (15-0).

    5/6/2025House
  21. Read by title, under the rules, referred to the Committee on Commerce.

    4/14/2025House
  22. Prefiled.

    4/4/2025House
  23. Under the rules, provisionally referred to the Committee on Commerce.

    4/4/2025House

Bill Text

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