RELATING TO VIRTUAL CURRENCY.
Summary
Extends the money transmitters act to expressly apply to persons engaged in the transmission of virtual currency. Requires licensees dealing with virtual currency to provide a warning to customers prior to entering into an agreement with the customers. Effective 7/1/2050. (SD1)
Bill status
passed both
4 of 5 stages cleared
Introduction
Jan 2018
Committee Review
Apr 2018
House Passage
Mar 2018
Senate Passage
Apr 2018
Governor
Introduced Jan 22, 2018
Last action Apr 26, 2018
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
38
Key actions
11
Committee
15
Amendments
2
Apr 26, 2018
Upper · Passed
Conference committee meeting to reconvene on 04-27-18 2:45PM in conference room 229.
upper
Apr 25, 2018
Upper · Passed
Conference committee meeting to reconvene on 04-26-18 2:30PM in conference room 229.
upper
Apr 23, 2018
Upper · Passed
Conference committee meeting to reconvene on 04-25-18 2:30PM in conference room 229.
upper
Apr 20, 2018
Upper · Passed
Conference committee meeting scheduled for 04-23-18 1:30PM in conference room 229.
upper
Apr 12, 2018
Introduced
House disagrees with Senate amendment (s).
lower
Apr 10, 2018
Introduced
Returned from Senate (Sen. Com. No. 691) in amended form (SD 1).
lower
Apr 10, 2018
Upper · Passed
Passed Third Reading, as amended (SD 1). Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Senator(s) Harimoto). Transmitted to House.
upper
Apr 3, 2018
Upper · Passed
The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 5 Aye(s): Senator(s) Baker, S. Chang, Espero, Ihara, Ruderman; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Tokuda, Nishihara.
upper
Mar 29, 2018
Upper · Passed
The committee(s) on CPH has scheduled a public hearing on 04-03-18 9:35AM in conference room 229.
upper
Mar 9, 2018
Committee
Re-Referred to CPH.
upper
Mar 6, 2018
Committee
Referred to CPH, WAM.
upper
Mar 2, 2018
Introduced
Received from House (Hse. Com. No. 87).
upper
Mar 1, 2018
Lower · Passed
Passed Third Reading with Representative(s) Ward voting aye with reservations; none voting no (0) and Representative(s) McKelvey, Yamane excused (2). Transmitted to Senate.
lower
Feb 22, 2018
Lower · Passed
The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Luke, Cullen, Cachola, DeCoite, Fukumoto, Gates, Holt, Keohokalole, Kobayashi, Lowen, Nakamura, Todd, Yamashita, Ward; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Tupola.
lower
Feb 16, 2018
Committee
Report adopted. referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) DeCoite, Ing, Nakamura, Onishi, Woodson excused (5).
lower
Feb 16, 2018
Committee
Reported from CPC (Stand. Com. Rep. No. 676-18) as amended in HD 2, recommending referral to FIN.
lower
Feb 9, 2018
Lower · Passed
The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Takumi, Ichiyama, Aquino, Ito, Johanson, Mizuno, Say, Tokioka; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) LoPresti, Yamane, McDermott.
lower
Feb 5, 2018
Committee
Reported from IAC (Stand. Com. Rep. No. 43-18) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
lower
Jan 31, 2018
Lower · Passed
The committees on IAC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Ohno, Choy, Cachola, Fukumoto, Ito, LoPresti, Onishi, Tokioka, Woodson; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Ward.
lower
Jan 26, 2018
Committee
Referred to IAC, CPC, FIN, referral sheet 8
lower
Jan 24, 2018
Introduced
Introduced and Pass First Reading.
lower
Jan 22, 2018
Introduced
Pending introduction.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Joy San Buenaventura
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 2257
Scope: HI
Hi! I can help you understand HB 2257. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline