SB 2757 Hawaii Senate · 2026 Regular Session

RELATING TO DIGITAL ASSET CHARTERS.

Summary

Establishes within the Department of Commerce and Consumer Affairs' Division of Financial Institutions, beginning 1/1/2027, a digital asset charter program for licensing, regulating, and overseeing digital asset companies and digital asset business activities. Authorizes companies that participated in the Hawaii Digital Currency Innovation Lab to temporarily continue digital asset business activities without a charter in certain circumstances. Appropriates moneys from the compliance resolution fund. Effective 7/1/2050. (SD2)

Issues: ✓ Technology

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2026

Committee Review

Mar 2026

Senate Passage

Mar 2026

House Passage

Governor

Introduced Jan 23, 2026 Last action Mar 17, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

SB2757_SD1 → SB2757_SD2 · 5 edits

MODERATE

This bill update primarily involves administrative and formatting adjustments, including changing the bill sponsor from Amy Vickers to Jill M. Tsuchitori and updating version metadata. Substantively, the text adds a new category of employees requiring background checks (those handling firearms for non-law enforcement purposes) and includes minor text cleanup to remove redundant words like 'solely' and 'entered a plea of guilty or nolo contendre to a crime involving fraud, deceit, or any similar crime' (simplified to 'fraud').

Scope change

The bill's scope of background check requirements was expanded to include employees handling firearms for non-law enforcement purposes.

ELIGIBILITY

Added a new requirement for background checks on State and county employees whose positions involve handling or using firearms for purposes other than law enforcement.

DEFINITION

Removed the word 'solely' from the definition of digital assets used in online gaming platforms, broadening the scope slightly.

Simplified the disqualification criteria by removing the phrase 'deceit, or any similar crime' from the list of offenses involving fraud.

TECHNICAL

Corrected formatting inconsistencies in section references (e.g., changing 'section -2' to 'section -2' with proper spacing) and removed redundant text in various clauses.

Updated bill metadata, including the sponsor name, revision numbers, and associated dates.

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 12, 2026

Committee

Referred to CPC, JHA, FIN, referral sheet 17

lower

Mar 10, 2026

Introduced

Received from Senate (Sen. Com. No. 291) in amended form (SD 2).

lower

Mar 10, 2026

Upper · Passed

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

upper

Mar 4, 2026

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Mar 4, 2026

Upper · Passed

The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Mar 2, 2026

Upper · Passed

The committee(s) on WAM/JDC will hold a public decision making on 03-04-26 10:35AM; Conference Room 211 & Videoconference.

upper

Feb 17, 2026

Upper · Passed

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

upper

Feb 17, 2026

Committee

Reported from CPN/LBT (Stand. Com. Rep. No. 2274) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.

upper

Feb 6, 2026

Upper · Passed

The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 6, 2026

Upper · Passed

The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in LBT were as follows: 5 Aye(s): Senator(s) Elefante, Lamosao, Ihara, Moriwaki, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 2, 2026

Upper · Passed

The committee(s) on CPN/LBT has scheduled a public hearing on 02-06-26 10:00AM; Conference Room 229 & Videoconference.

upper

Jan 30, 2026

Committee

Referred to CPN/LBT, WAM/JDC.

upper

Jan 23, 2026

Introduced

Introduced.

upper

4 primary · 1 co-sponsor