RETIREMENT SYSTEMS: Creates the Digital Asset Investment Task Force.
This bill establishes a Digital Asset Investment Task Force to study whether Louisiana's public retirement systems should invest in digital assets like cryptocurrency. The twelve-member group includes legislators, state officials, public experts, and university faculty, and it must meet several times before December 2024 to complete its work. By February 1, 2025, the task force must submit a written report detailing the potential risks and benefits of such investments along with any specific legislative proposals. The group will gather information from various stakeholders, including investment advisors and digital asset fund issuers, and its final report will be shared with government agencies and the public. Members of the task force will serve without pay, though they may receive standard travel and daily expense reimbursements.
Bill status
introduced
1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
Governor
Introduced May 28, 2024
Last action May 29, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
May 28, 2024
Introduced
Rules suspended. Introduced in the Senate. Read by title and placed on the Calendar for a second reading.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bob Owen
RRepublican
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