REQUESTING THE DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS, FOLLOWING THE COMPLETION OF THE DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS' DIVISION OF FINANCIAL INSTITUTIONS' AND HAWAII TECHNOLOGY DEVELOPMENT CORPORATION'S STUDY, TO RECONSIDER ITS 2016 RULING ON ASSET RESERVE REQUIREMENTS FOR DIGITAL CURRENCY COMPANIES, VIRTUAL CURRENCY COMPANIES, AND CRYPTOCURRENCY COMPANIES TO CONDUCT BUSINESS IN HAWAII AND TO ALIGN THE STATE'S ASSET RESERVE REQUIREMENTS FOR THESE COMPANIES WITH THE ASSET RESERVE REQUIREMENTS IN OTHER STATES.
Bill status
passed
3 of 5 stages cleared
Introduction
Mar 2021
Committee Review
Mar 2021
House Passage
Mar 2021
Senate Passage
Governor
Introduced Mar 12, 2021
Last action Mar 31, 2021
Floor votes · House Mar 31, 2021
How they voted
48–1
Passed · 2 other
Total votes 51
Mar 31, 2021
D
Democratic46
95% Yea
R
Republican4
75% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
12
Key actions
5
Committee
6
Mar 31, 2021
Lower · Passed
Resolution adopted in final form.
lower
Mar 31, 2021
Lower · Passed
Adopted with none voting aye with reservations; Representative(s) Ward voting no (1) and Representative(s) Gates, Ohno excused (2).
lower
Mar 31, 2021
Lower · Passed
Reported from FIN (Stand. Com. Rep. No. 1539), recommending adoption.
lower
Mar 30, 2021
Lower · Passed
The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 13 Ayes: Representative(s) Luke, Cullen, Branco, Eli, Holt, Ilagan, B. Kobayashi, Marten, Nishimoto, Perruso, Sayama, Tam, Wildberger; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Yamashita, McDermott.
lower
Mar 24, 2021
Committee
Report adopted. referred to the committee(s) on FIN as amended in HD 1 with Representative(s) Ward voting aye with reservations; none voting no (0) and none excused (0).
lower
Mar 24, 2021
Committee
Reported from CPC (Stand. Com. Rep. No. 1255) as amended in HD 1, recommending referral to FIN.
lower
Mar 19, 2021
Lower · Passed
The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Johanson, Kitagawa, Har, Hashem, Kong, Mizuno, Morikawa, Onishi, Tarnas, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Aquino.
lower
Mar 15, 2021
Committee
Referred to CPC, FIN, referral sheet 25
lower
Mar 12, 2021
Introduced
Offered
lower
9 primary · 0 co-sponsors
Sponsors
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