AK SB238 | 2021-2022 | 32nd Legislature

Status

Spectrum: Committee Bill
Status: Introduced on March 25 2022 - 25% progression, died in committee
Action: 2022-04-22 - REFERRED TO FINANCE
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

An Act relating to the business of money transmission; relating to money transmission licenses, licensure requirements, and registration through the Nationwide Multistate Licensing System; relating to the use of virtual currency for money transmission; relating to authorized delegates of a licensee; relating to acquisition of control of a license; relating to record retention and reporting requirements; authorizing the Department of Commerce, Community, and Economic Development to cooperate with other states in the regulation of money transmission; relating to permissible investments; relating to violations and enforcement of money transmission laws; relating to money transmission license exemptions; relating to payroll processing services; repealing currency exchange licenses; and providing for an effective date.

Tracking Information

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Title

Money Transmission; Virtual Currency

Sponsors


History

DateChamberAction
2022-04-22SenateREFERRED TO FINANCE
2022-04-22SenateFN1: (CED)
2022-04-22SenateNR: GRAY-JACKSON, MICCICHE, STEVENS
2022-04-22SenateDP: COSTELLO
2022-04-22SenateL&C RPT 1DP 3NR
2022-03-25SenateGOVERNOR'S TRANSMITTAL LETTER
2022-03-25SenateFN1: (CED)
2022-03-25SenateL&C, FIN
2022-03-25SenateREAD THE FIRST TIME - REFERRALS

Subjects


Alaska State Sources


Bill Comments

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