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---
type: "Bill"
title: "BANKS/BANKING: Provides relative to security for deposits required by certain entities"
description: "BANKS/BANKING: Provides relative to security for deposits required by certain entities"
jurisdiction: "us/states/la"
legislature: "Louisiana Legislature"
session: "2020"
identifier: "HB 634"
citation: "Louisiana HB 634 (2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Mike Huval"]
version_count: 8
action_count: 19
vote_count: 3
first_action: "2020-02-28"
last_action: "2020-06-12"
source: "openstates"
source_identifier: "ocd-bill/05517791-e65c-4654-9ac4-ab00826bd181"
source_url: "http://www.legis.la.gov/Legis/BillInfo.aspx?i=238378"
source_hash: "1e50190029dfc2f61155754e6492e0e7ed2071d9a694ba9ea3b4269a9af66218"
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 634 (2020) — BANKS/BANKING: Provides relative to security for deposits required by certain entities
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **HB634 Original** (filed) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1163905)
2. **HB634 Act 289** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1182366)
3. **HB634 Engrossed** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1169063)
4. **HB634 Reengrossed** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1173088)
5. **House Floor Legislative Bureau Amendment, #1024, Horton, Adopted** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1169464)
6. **Senate Committee Amendment, #1696, COM, Adopted** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1173971)
7. **Senate Floor Bureau Note, #1990, Mills, Fred, Adopted** (committee substitute) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1176096)
8. **HB634 Enrolled** (enrolled) — [source](http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1178500)
## Votes
- FINAL PASSAGE (#350) — **370** (pass) · upper
- CONCUR IN SENATE AMENDMENTS (#657) — **980** (pass) · lower
- FINAL PASSAGE (#135) — **980** (pass) · lower
## Sponsors
- Mike Huval — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2020-06-12** Effective date: 08/01/2020.
- **2020-06-12** Signed by the Governor. Becomes Act No. 289. `executive-signature`
- **2020-06-02** 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 98, nays 0, Senate amendments concurred in.
- **2020-05-27** Scheduled for concurrence on 05/31/20.
- **2020-05-27** Received from the Senate with amendments.
- **2020-05-26** Senate floor amendments read and adopted. Read by title, passed by a vote of 37 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled. `passage`
- **2020-05-21** Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
- **2020-05-20** Reported with amendments. Rules suspended. Committee amendments read and adopted. Read by title and referred to the Legislative Bureau.
- **2020-05-18** Received in the Senate; read by title Rules suspended. Read second time by title and referred to the Committee on Commerce, Consumer Protection and International Affairs. `referral-committee`
- **2020-05-15** Read third time by title, amended, roll called on final passage, yeas 98, nays 0. Finally passed, title adopted, ordered to the Senate. `passage`
- **2020-05-13** Scheduled for floor debate on 05/15/20.
- **2020-05-13** Read by title, ordered engrossed, passed to 3rd reading.
- **2020-05-07** Reported favorably (14-0).
- **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/05517791-e65c-4654-9ac4-ab00826bd181`. Confidence: reported (aggregated from official Louisiana legislature records).