SB 806 Hawaii Senate · 2019 Regular Session

RELATING TO MONEY TRANSMITTERS.

Summary

Amends money transmitter licensure requirements by adding a credit report and financial responsibility review and extending personal background history from five years to ten years, which will enable the division of financial institutions to join a compact of states that license money transmitters for purposes of efficiency and standardization. (SD1)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2019

Committee Review

Mar 2019

Senate Passage

Mar 2019

House Passage

Governor

Introduced Jan 18, 2019 Last action Mar 7, 2019

Floor votes · Senate Mar 5, 2019

How they voted

24–0

Passed · 1 other

Total votes 25

Mar 5, 2019

D Democratic24

23 Yea 1

95% Yea

R Republican1

1 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 7, 2019

Committee

Referred to IAC/CPC, FIN, referral sheet 27

lower

Mar 5, 2019

Introduced

Received from Senate (Sen. Com. No. 253) in amended form (SD 1).

lower

Mar 5, 2019

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

Feb 21, 2019

Upper · Passed

The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 4 Aye(s): Senator(s) Baker, S. Chang, J.Keohokalole, L. Thielen; Aye(s) with reservations: none ; 0 No(es): none; and 3 Excused: Senator(s) Nishihara, Ruderman, Fevella.

upper

Feb 15, 2019

Upper · Passed

The committee(s) on CPH has scheduled a public hearing on 02-21-19 9:00AM in conference room 229.

upper

Jan 24, 2019

Committee

Referred to CPH.

upper

Jan 18, 2019

Introduced

Introduced.

upper

1 primary · 0 co-sponsors