SB 806 Hawaii Senate · 2020 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 Dec 1, 2019

Floor votes

How they voted

This bill passed the Senate. No roll call record of that vote is available.

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