This bill amends existing Louisiana law regarding definitions related to deposit accounts and introduces a new definition for central bank digital currency. Specifically, it modifies the definition of "deposit account" to exclude central bank digital currency, alongside investment property and accounts evidenced by an instrument. The new definition for "central bank digital currency" is established, describing it as a digital currency or medium of exchange issued by the Board of Governors of the United States Federal Reserve System or a federal agency, which is processed and made available to consumers.

The changes aim to clarify the legal framework surrounding digital currencies and their distinction from traditional deposit accounts. By explicitly defining central bank digital currency, the bill seeks to address the evolving landscape of digital finance and ensure that such currencies are recognized within the state's legal definitions.