---
type: "Bill"
title: "COMMERCE: Provides for the licensing and regulation of virtual currency businesses (EN +$148,869 SG EX See Note)"
description: "COMMERCE: Provides for the licensing and regulation of virtual currency businesses (EN +$148,869 SG EX See Note)"
jurisdiction: "us/states/la"
legislature: "Louisiana Legislature"
session: "2020"
identifier: "HB 701"
citation: "Louisiana HB 701 (2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Mark Wright"]
version_count: 9
action_count: 26
vote_count: 3
first_action: "2020-02-28"
last_action: "2020-06-13"
source: "openstates"
source_identifier: "ocd-bill/bfe399ee-736a-405d-9dc3-f5d6007ebbd2"
source_url: "http://www.legis.la.gov/Legis/BillInfo.aspx?i=238483"
source_hash: "751270dd8a0d050b618ff0da113bb476cdcfb1f3ffaf0d8ccbff5b72e80b657c"
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 701 (2020) — COMMERCE: Provides for the licensing and regulation of virtual currency businesses (EN +$148,869 SG EX See Note)

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **HB701 Original** (filed) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1164283)
2. **HB701 Act** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1182592)
3. **HB701 Engrossed** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1170979)
4. **HB701 Reengrossed** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1174779)
5. **House Floor Amendment, #2394, Wright, Adopted** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1174708)
6. **House Floor Legislative Bureau Amendment, #1294, Horton, Adopted** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1171349)
7. **Senate Committee Amendment, #1957, COM, Adopted** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1175828)
8. **Senate Floor Amendment, #2296, Henry, Cameron, Adopted** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1177545)
9. **HB701 Enrolled** (enrolled) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1178872)

## Votes

- FINAL PASSAGE (#590) — **32–0** (pass) · upper
- HB 701 BY WRIGHT (#234) — **92–0** (pass) · lower
- CONCUR IN SENATE AMENDMENTS (#723) — **96–0** (pass) · lower

## Sponsors

- Mark Wright — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-06-13** Effective date: 08/01/2020.
- **2020-06-13** Signed by the Governor. Becomes Act No. 341. `executive-signature`
- **2020-06-03** Sent to the Governor for executive approval. `executive-receipt`
- **2020-06-01** Signed by the President of the Senate.
- **2020-06-01** Enrolled and signed by the Speaker of the House.
- **2020-05-31** Read by title, roll called, yeas 96, nays 0, Senate amendments concurred in.
- **2020-05-29** Scheduled for concurrence on 05/31/20.
- **2020-05-29** Received from the Senate with amendments.
- **2020-05-29** Rules suspended. Senate floor amendments read and adopted. Read by title, passed by a vote of 32 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled. `passage`
- **2020-05-28** Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
- **2020-05-28** Rules suspended. Reported favorably. Rules suspended. Read by title and referred to the Legislative Bureau.
- **2020-05-27** Read by title. Recommitted to the Committee on Finance.
- **2020-05-27** Senate Committee amendments read and adopted.
- **2020-05-27** Rules suspended.
- **2020-05-27** Reported with amendments.
- **2020-05-21** Read second time by title and referred to the Committee on Commerce, Consumer Protection and International Affairs. `referral-committee`
- **2020-05-20** Received in the Senate. Rules suspended. Read first time by title and placed on the Calendar for a second reading.
- **2020-05-20** Read third time by title, amended, roll called on final passage, yeas 92, nays 0. Finally passed, title adopted, ordered to the Senate. `passage`
- **2020-05-20** Called from the calendar.
- **2020-05-20** Read by title, returned to the calendar.
- **2020-05-18** Scheduled for floor debate on 05/20/20.
- **2020-05-15** Read by title, ordered engrossed, passed to 3rd reading.
- **2020-05-13** Reported favorably (15-0).
- **2020-03-09** Read by title, under the rules, referred to the Committee on Commerce. `referral-committee`
- **2020-02-28** Under the rules, provisionally referred to the Committee on Commerce. `referral-committee`
- **2020-02-28** Prefiled. `filing`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/bfe399ee-736a-405d-9dc3-f5d6007ebbd2`. Confidence: reported (aggregated from official Louisiana legislature records).