meta_id 3240826

The Louisiana Office of Financial Institutions (OFI) has published a summary of the Louisiana Money Transmission Act (LMTA) amendments introduced through Act 888 (House Bill 1230) during the 2026 Regular Legislative Session. Act 888 represents a legislative update to Louisiana's money transmission regulatory framework. The OFI summary provides an overview of the key provisions and amendments contained within the act, which modifies the existing LMTA. The act was passed during the 2026 Regular Legislative Session and codifies changes to how money transmitters operate and are regulated within Louisiana's jurisdiction. The OFI has made this summary available to stakeholders, including money transmitters, financial institutions, and other regulated entities operating under Louisiana's money transmission licensing regime. The summary serves as a reference document for understanding the scope and application of the amended LMTA provisions. Money transmitters and other entities subject to Louisiana's money transmission regulations should review the OFI's summary to understand how Act 888 affects their compliance obligations and operational requirements. The OFI website provides access to the full summary and related documentation for stakeholders seeking detailed information on the legislative amendments. Entities are encouraged to consult the OFI directly for guidance on implementing the changes introduced by Act 888 and ensuring continued compliance with Louisiana's updated money transmission regulatory framework.