HB 1261 Hawaii House · 2023 Regular Session

RELATING TO SPECIAL PURPOSE DIGITAL CURRENCY LICENSURE.

Summary

Beginning 1/1/2024, 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 for three full-time equivalent (3.0 FTE) permanent examiners. Effective 6/30/3000. (HD2)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2023

Committee Review

Mar 2023

House Passage

Mar 2023

Senate Passage

Governor

Introduced Jan 24, 2023 Last action Mar 10, 2023

Floor votes · House Mar 7, 2023

How they voted

49–2

Passed

Total votes 51

Mar 7, 2023

D Democratic43

41 Yea 2 Nay

95% Yea

R Republican7

7 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 10, 2023

Committee

Referred to CPN, WAM.

upper

Mar 9, 2023

Introduced

Received from House (Hse. Com. No. 421).

upper

Mar 7, 2023

Lower · Passed

Passed Third Reading as amended in HD 2 with none voting aye with reservations; Representative(s) Amato, Kapela voting no (2) and none excused (0). Transmitted to Senate.

lower

Feb 27, 2023

Lower · Passed

The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 15 Ayes: Representative(s) Yamashita, Kitagawa, Aiu, Chun, Cochran, Garrett, Kahaloa, Kila, Kobayashi, Lamosao, Morikawa, Poepoe, Takenouchi, Alcos, Ward; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Nishimoto.

lower

Feb 15, 2023

Committee

Reported from CPC (Stand. Com. Rep. No. 493) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 9, 2023

Lower · Passed

The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Nakashima, Sayama, Amato, Belatti, Hashem, Hussey-Burdick, Lowen, Onishi, Tam, Pierick; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Gates.

lower

Jan 30, 2023

Committee

Referred to CPC, FIN, referral sheet 3

lower

Jan 25, 2023

Introduced

Introduced and Pass First Reading.

lower

Jan 24, 2023

Introduced

Pending introduction.