NV SB333 | 2023 | 82nd Legislature

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on May 20 2023 - 100% progression
Action: 2023-05-20 - (Pursuant to Joint Standing Rule No. 14.3.3, no further action allowed.)
Text: Latest bill text (Amended) [PDF]

Summary

AN ACT relating to virtual currency; requiring a virtual currency business to register with the Commissioner of Financial Institutions before engaging in virtual currency business activity with or on behalf of a resident of this State; creating the Virtual Currency Recovery Account; authorizing the Commissioner to impose a civil penalty on a virtual currency business that engages in certain conduct; authorizing the Commissioner to award payments of restitution to certain residents who are victims of fraud committed by a virtual currency business; requiring a virtual currency business to provide certain disclosures to a resident before engaging in virtual currency business activity with or on behalf of the resident; prohibiting a person from engaging in certain conduct relating to the solicitation of virtual currency business activity; prohibiting a virtual currency business from engaging in certain advertisements or promotions; prohibiting a domestic life insurer from investing money allocated to certain accounts in virtual currency; and providing other matters properly relating thereto.

Tracking Information

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Title

Revises provisions relating to virtual currency. (BDR 57-18)

Sponsors


Roll Calls

2023-04-25 - Senate - Senate Final Passage (Y: 17 N: 4 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2023-05-20Assembly(Pursuant to Joint Standing Rule No. 14.3.3, no further action allowed.)
2023-04-26AssemblyRead first time. Referred to Committee on Commerce and Labor. To committee.
2023-04-26AssemblyIn Assembly.
2023-04-25SenateRead third time. Passed, as amended. Title approved, as amended. (Yeas: 17, Nays: 4.) To Assembly.
2023-04-25SenateFrom printer. To engrossment. Engrossed. First reprint.
2023-04-24SenateRead second time. Amended. (Amend. No. 244.) To printer.
2023-04-24SenatePlaced on Second Reading File.
2023-04-24SenateFrom committee: Amend, and do pass as amended.
2023-03-21SenateFrom printer. To committee.
2023-03-20SenateRead first time. Referred to Committee on Commerce and Labor. To printer.

Nevada State Sources


Bill Comments

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