Legislation: batch B — IL IN KS KY LA MA MD ME MI MN

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---
type: "Bill"
title: "FINANCIAL INSTITUTIONS: Provides relative to revenue-based financing transactions"
description: "FINANCIAL INSTITUTIONS: Provides relative to revenue-based financing transactions"
jurisdiction: "us/states/la"
legislature: "Louisiana Legislature"
session: "2025"
identifier: "HB 470"
citation: "Louisiana HB 470 (2025)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Jack McFarland"]
version_count: 5
action_count: 21
vote_count: 3
first_action: "2025-04-04"
last_action: "2025-06-08"
source: "openstates"
source_identifier: "ocd-bill/af2baad2-4b7e-460d-a0fc-74b75902ed89"
source_url: "https://www.legis.la.gov/Legis/BillInfo.aspx?i=248484"
source_hash: "a0e9ebe7d90230d12861b8ea6d98b63e86aa7d8cc4ba0600841f21ab3338ae93"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-la"]
---
# Louisiana HB 470 (2025) — FINANCIAL INSTITUTIONS: Provides relative to revenue-based financing transactions
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **HB470 Original** (filed) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1403807)
2. **HB470 Act** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1425126)
3. **HB470 Engrossed** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1411593)
4. **Senate Floor Amendment, #2134, Morris, Jay, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1417321)
5. **HB470 Enrolled** (enrolled) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1421306)
## Votes
- CONCUR IN SENATE AMENDMENTS (#817) — **96–0** (pass) · lower
- FINAL PASSAGE (#519) — **36–0** (pass) · upper
- FINAL PASSAGE (#333) — **96–0** (pass) · lower
## Sponsors
- Jack McFarland — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2025-06-08** Effective date: 08/01/2025.
- **2025-06-08** Signed by the Governor. Becomes Act No. 198. `became-law, executive-signature`
- **2025-06-05** Sent to the Governor for executive approval. `executive-receipt`
- **2025-06-04** Signed by the President of the Senate.
- **2025-06-04** Enrolled and signed by the Speaker of the House. `enrolled`
- **2025-06-03** Read by title, roll called, yeas 96, nays 0, Senate amendments concurred in.
- **2025-06-02** Scheduled for concurrence on 06/03/2025.
- **2025-06-02** Received from the Senate with amendments. `receipt`
- **2025-06-01** Senate floor amendments read and adopted. Read by title, passed by a vote of 36 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled. `passage`
- **2025-05-28** Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage. `reading-3`
- **2025-05-27** Read by title and referred to the Legislative Bureau.
- **2025-05-21** Rules suspended. Reported favorably. `committee-passage-favorable`
- **2025-05-13** Read second time by title and referred to the Committee on Commerce, Consumer Protection and International Affairs. `reading-2, referral-committee`
- **2025-05-12** Received in the Senate. Read first time by title and placed on the Calendar for a second reading. `reading-1`
- **2025-05-12** Read third time by title, roll called on final passage, yeas 96, nays 0. Finally passed, title adopted, ordered to the Senate. `passage`
- **2025-05-08** Scheduled for floor debate on 05/12/2025.
- **2025-05-07** Read by title, ordered engrossed, passed to 3rd reading. `reading-3`
- **2025-05-06** Reported favorably (15-0). `committee-passage-favorable`
- **2025-04-14** Read by title, under the rules, referred to the Committee on Commerce. `referral-committee`
- **2025-04-04** Under the rules, provisionally referred to the Committee on Commerce. `referral-committee`
- **2025-04-04** Prefiled. `filing`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/af2baad2-4b7e-460d-a0fc-74b75902ed89`. Confidence: reported (aggregated from official Louisiana legislature records).