Establishes the Bayou Gold Program for businesses offering gold- and silver-backed transactional services.

The Bayou Gold Program, established by Louisiana HB797, provides a voluntary certification framework for businesses offering gold- and silver-backed transactional services. The Louisiana Department of the Treasury will administer the program, maintaining a publicly accessible registry of certified businesses. To qualify, businesses must meet criteria such as storing allocated precious metals in secure facilities, utilizing bullion depositories within Louisiana or bordering states, and ensuring metals remain the sole property of customers.

Establishes the Bayou Gold Program for businesses offering gold- and silver-backed transactional services.

The Bayou Gold Program, established by Louisiana HB797, provides a voluntary certification framework for businesses offering gold- and silver-backed transactional services. The Louisiana Department of the Treasury will administer the program, maintaining a publicly accessible registry of certified businesses. To qualify, businesses must meet criteria such as storing allocated precious metals in secure facilities, utilizing bullion depositories within Louisiana or bordering states, and ensuring metals remain the sole property of customers.