state_legiscan_drain · LA
Provides relative to the Louisiana Money Transmission Act
March 31, 2026
Summary
If enacted, this bill would update the Louisiana Money Transmission Act, adjusting licensing requirements, bonding, and compliance obligations for money transmitters operating in the state. It affects fintechs and banks that provide money transmission services, including non-bank entities and financial institutions subject to state licensing.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
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Source: https://www.legis.la.gov/legis/BillInfo.aspx?s=26rs&b=HB1230&sbi=y
Common questions
- What does "Provides relative to the Louisiana Money Transmission Act" cover?
- If enacted, this bill would update the Louisiana Money Transmission Act, adjusting licensing requirements, bonding, and compliance obligations for money…
- When was it published?
- It was published on March 31, 2026.
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