Environment
Mixed / Neutral
50%
Benefits
- No direct environmental impact identified
Risks
- No direct environmental impact identified
StateLouisianaTo Governor
SB 163: COMMERCIAL REGULATIONS: Provides relative to the licensing and regulation of virtual currency businesses. (8/1/26)
Mike Reese
SB 163 status: To Governor — Becomes Act No. 923 without the Governor's signature (updated Jun 23, 2026).
Source
OpenStates
Confidence
Low
Analysis basis
OpenStates summary
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
70OUT OF 100
Score:70/100 civic fit
Risk:Moderate Risk
Impact:High Impact 75/100
Earlier scoring method. Reanalyze to use the sector calculation.
Constitutionality85%
Bipartisan60%
Public opinion50%
Bill summary
The bill creates a comprehensive state-level regulatory and licensing framework for virtual currency businesses operating in Louisiana.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Positive outlook
65%
Benefits
- Increases consumer protection in digital assets
- Provides market legitimacy for crypto enterprises
Risks
- Higher compliance costs for small operators
- Potential barrier to entry for early-stage startups
Society
Mixed / Neutral
55%
Benefits
- Mitigates potential for financial fraud
- Aligns state standards with broader financial oversight
Risks
- Potential reduction in user anonymity
- Privacy concerns regarding mandatory reporting
Technology Industry
Not scored in this analysis.
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Civic Accountability
Not scored in this analysis.
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Public Health & Safety
Not scored in this analysis.
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03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
OpenStates
Official bill text or data from OpenStates.
Confidence
Low
Information is limited or incomplete.
Analysis basis
OpenStates summary
Source used for this bill's analysis.
Source note
LegiScan returned a PDF-only document. PDF extraction is not enabled in this build, so the pipeline used a safer fallback.
Analysis scope
Analysis based on abstract summary only
04
Where it stands
Official record- IntroducedComplete
- CommitteeComplete
- Chamber votesComplete
- Final agreementComplete
- GovernorCurrent
- EnactedUpcoming
05
How it affects your district
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06
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