relative to the regulation of money transmitters; relative to license applications and renewals for certain consumer credit entities; and requiring the investment advisor for the public deposit investment pool to maintain funds in a particular manner.
This law updates regulations for money transmitters and credit entities in New Hampshire to better protect consumers and align with other states. It clarifies definitions for terms like virtual currency and control, while establishing new rules for how companies must hold customer funds and report their financial activities. The bill also sets specific credit rating standards that these businesses must meet to ensure they are financially stable.
Bill status
signed
all 5 stages cleared
Introduction
Dec 2023
Committee Review
Jun 2024
House Passage
Mar 2024
Senate Passage
May 2024
Signed into Law
Aug 2024
Introduced Dec 1, 2023
Signed Aug 27, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
29
Key actions
14
Committee
12
Amendments
5
Aug 27, 2024
Signed into law
Signed by Governor Sununu 08/23/2024; Chapter 368; Eff.I. Sec 1-5 eff 10/22/24 II. Sec 9 eff 12/30/30 III. Rem eff 8/23/24 HJ 16
lower
Jul 23, 2024
Introduced
Enrolled Bill Amendment # 2024-2362e: AA VV (in recess of) 06/13/2024 HJ 16 P. 54
lower
Jul 18, 2024
Upper · Passed
Enrolled Bill Amendment # 2024-2362e Adopted, VV, (In recess of 06/13/2024); SJ 18
upper
Jun 13, 2024
Lower · Passed
Conference Committee Report 2024-2248c: Adopted, VV 06/13/2024 HJ 16 P. 24
lower
Jun 12, 2024
Upper · Passed
Conference Committee Report # 2024-2248c, Adopted, VV; 06/13/2024; SJ 17
upper
Jun 6, 2024
Upper · Passed
Conference Committee Report Filed, # 2024-2248c; 06/13/2024
upper
Jun 4, 2024
Lower · Passed
Conference Committee Meeting: 06/04/2024 02:00 pm LOB 302-304
lower
May 30, 2024
Upper · Passed
Sen. Gannon Accedes to House Request for Committee of Conference, MA, VV; 05/30/2024; SJ 16
upper
May 29, 2024
Introduced
House Non-Concurs with Senate Amendment 2024-1932s and 2024-2165s and Requests CofC (Reps. Hunt, Burroughs, Ammon, McAleer): MA VV 05/29/2024 HJ 14 P. 179
lower
May 23, 2024
Upper · Passed
Ought to Pass with Amendments 2024-1932s and 2024-2165s, MA, VV; OT3rdg; 05/23/2024; SJ 15
upper
May 23, 2024
Introduced
Sen. Rosenwald Floor Amendment # 2024-2165s, AA, VV; 05/23/2024; SJ 15
upper
May 23, 2024
Upper · Passed
Committee Amendment # 2024-1932s, AA, VV; 05/23/2024; SJ 15
upper
May 16, 2024
Upper · Passed
Committee Report: Ought to Pass with Amendment # 2024-1932s, 05/22/2024; Vote 5-0; CC; SC 20
upper
Apr 2, 2024
Introduced
Introduced 03/21/2024 and Referred to Commerce; SJ 8
upper
Mar 28, 2024
Lower · Passed
Ought to Pass with Amendment 2024-1245h: MA VV 03/28/2024 HJ 10 P. 8
lower
Mar 28, 2024
Introduced
Amendment # 2024-1245h (NT): AA VV 03/28/2024 HJ 10 P. 8
lower
Mar 20, 2024
Lower · Passed
Committee Report: Ought to Pass with Amendment # 2024-1245h (NT) 03/20/2024 (Vote 16-1; CC) HC 12 P. 6
lower
Mar 19, 2024
Lower · Passed
Subcommittee Work Session: 03/20/2024 12:30 pm LOB 302-304
lower
Feb 21, 2024
Lower · Passed
Subcommittee Work Session: 03/06/2024 01:15 pm LOB 302-304
lower
Dec 1, 2023
Introduced
Introduced 01/03/2024 and referred to Commerce and Consumer Affairs
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
John Hunt
RRepublican
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