SB 3025 Hawaii Senate · 2022 Regular Session

RELATING TO DIGITAL CURRENCY LICENSING PROGRAM.

Summary

Beginning 1/1/2023, establishes a program for the licensure, regulation, and oversight of special purpose digital currency companies. Extends operations of companies in the digital currency innovation lab under certain circumstances. Appropriates funds out of the compliance resolution fund to implements the program. Effective 7/31/2050. (HD1)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2022

Committee Review

Mar 2022

Senate Passage

Mar 2022

House Passage

Governor

Introduced Jan 26, 2022 Last action Mar 24, 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

Key actions

Committee

Mar 24, 2022

Committee

Reported from CPC (Stand. Com. Rep. No. 1421-22) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Mar 22, 2022

Lower · Passed

The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Johanson, Kitagawa, Aquino, Morikawa, Onishi, Tarnas, Matsumoto; Ayes with reservations: Representative(s) Har, Kong; 0 Noes: none; and 2 Excused: Representative(s) Hashem, Mizuno.

lower

Mar 17, 2022

Committee

Re-referred to CPC, FIN, referral sheet 30

lower

Mar 10, 2022

Committee

Referred to HET, CPC, FIN, referral sheet 24

lower

Mar 8, 2022

Introduced

Received from Senate (Sen. Com. No. 408) in amended form (SD 2).

lower

Mar 8, 2022

Upper · Passed

Report Adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: Senator(s) Acasio. Noes, 0 (none). Excused, 0 (none). Transmitted to House.

upper

Mar 2, 2022

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, Inouye, Kanuha, Kidani, Misalucha, Moriwaki, Shimabukuro, Taniguchi, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 24, 2022

Upper · Passed

The committee(s) on WAM deferred the measure until 03-02-22 10:05AM; Conference Room 211 & Videoconference.

upper

Feb 22, 2022

Upper · Passed

The committee(s) on WAM deferred the measure until 02-24-22 10:05AM; Conference Room 211 & Videoconference.

upper

Feb 18, 2022

Upper · Passed

The committee(s) on WAM deferred the measure until 02-22-22 10:15AM; Conference Room 211 & Videoconference.

upper

Feb 16, 2022

Upper · Passed

The committee(s) on WAM will hold a public decision making on 02-18-22 10:10AM; Conference Room 211 & Videoconference.

upper

Feb 10, 2022

Committee

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

upper

Feb 10, 2022

Committee

Reported from CPN/EET (Stand. Com. Rep. No. 2204) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Feb 8, 2022

Upper · Passed

The committee(s) on EET recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EET were as follows: 4 Aye(s): Senator(s) Wakai, Misalucha, Riviere, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Lee.

upper

Feb 8, 2022

Upper · Passed

The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 7 Aye(s): Senator(s) Baker, Chang, DeCoite, Nishihara, Riviere, San Buenaventura, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 4, 2022

Upper · Passed

The committee(s) on CPN/EET has scheduled a public hearing on 02-08-22 10:00AM; Conference Room 229 & Via Videoconference.

upper

Jan 26, 2022

Committee

Referred to CPN/EET, WAM.

upper

Jan 26, 2022

Introduced

Introduced.

upper

1 primary · 0 co-sponsors