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Louisiana House Bill 583 requires financial entities to offer and accept transfer-on-death security registrations

Original title: SECURITIES: Provides relative to transfer on death securities

Last action · March 9, 2026: Read by title, under the rules, referred to the Committee on Commerce.Sponsor: Beau Beaullieu

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

House Bill 583 mandates that a must offer or accept a request for security registration in , changing prior law where offering such registration was optional.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

registering entity

Directly affected

security owners

Security owners gain the statutory right to request and receive security registration in beneficiary form from registering entities.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What does House Bill 583 change about security registrations?
It removes the provision that made security registration in optional for registering entities, making it a requirement instead.
Who is affected by this legislative change?
Registering entities that handle securities and account owners requesting registrations in Louisiana.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Died at adjournment · in House committee.

Procedural history

4 actions
  1. Mar 9, 2026HouseIntroduced
    Read by title, under the rules, referred to the Committee on Commerce.
  2. Feb 27, 2026House
    First appeared in the Interim Calendar on 2/27/2026.
  3. Feb 26, 2026House
    Prefiled.
  4. Feb 26, 2026HouseCommittee
    Under the rules, provisionally referred to the Committee on Commerce.

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Connected Entities

Beau Beaullieu
PersonBeau Beaullieu“Representative sponsoring House Bill 583”Map →

Sources

Open source document

www.legis.la.gov

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 40)
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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