Money Services Businesses
Summary
Money Services Businesses; Revising exceptions to general laws and rules for licensees during the Financial Technology Sandbox period; defining the term “virtual currency”; revising the purpose of the Florida Control of Money Laundering in Money Services Business Act; revising criminal and civil penalties for certain violations relating to unlicensed activity involving money services businesses and deferred presentment providers; requiring money transmitters that receive virtual currency for specified purposes to hold a certain type and amount of virtual currency until the transmission obligation is completed, etc.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2022
Committee Review
Feb 2022
Senate Passage
Mar 2022
House Passage
Governor
Introduced Jan 11, 2022
Last action Mar 7, 2022
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
20
Key actions
8
Committee
8
Mar 7, 2022
Upper · Passed
Laid on Table, companion bill(s) passed, see CS/HB 273 (Ch. 2022-113)
upper
Feb 14, 2022
Upper · Passed
Pending reference review -under Rule 4.7(2) - (Committee Substitute)
upper
Feb 4, 2022
Upper · Passed
On Committee agenda-- Appropriations, 02/09/22, 9:00 am, 412 Knott Building
upper
Jan 26, 2022
Upper · Passed
Subcommittee Recommendation: CS by Appropriations Subcommittee on Agriculture, Environment, and General Government; YEAS 10 NAYS 0
upper
Jan 21, 2022
Upper · Passed
On Committee agenda-- Appropriations Subcommittee on Agriculture, Environment, and General Government, 01/26/22, 3:30 pm, 110 Senate Building
upper
Jan 12, 2022
Upper · Passed
Now in Appropriations Subcommittee on Agriculture, Environment, and General Government
upper
Jan 12, 2022
Upper · Passed
Favorable by Banking and Insurance; YEAS 11 NAYS 0
upper
Jan 11, 2022
Introduced
Introduced
upper
Jan 7, 2022
Upper · Passed
On Committee agenda-- Banking and Insurance, 01/12/22, 9:30 am, 412 Knott Building
upper
Oct 21, 2021
Committee
Referred to Banking and Insurance; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jason Brodeur
RRepublican
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