AN ACT RELATING TO FINANCIAL INSTITUTIONS -- POWERS AND OPERATIONS
Summary
Amends outdated provisions of the banking statutes and the home loan protection act, adds consumer protections, including minimum capital requirements and limits on investments, for currency transmitters, including crypto currency.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2024
Committee Review
Jun 2024
Senate Passage
Jun 2024
House Passage
Jun 2024
Signed into Law
Jun 2024
Introduced Mar 22, 2024
Signed Jun 25, 2024
Floor votes · Senate Jun 13, 2024
How they voted
62–2
Passed · 10 other
Total votes 74
Jun 13, 2024
D
Democratic64
82% Yea
I
Independent1
100% Yea
R
Republican9
88% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
13
Key actions
4
Committee
2
Jun 25, 2024
Signed into law
06/25/2024 Signed by Governor
executive
Jun 13, 2024
Lower · Passed
06/13/2024 House passed in concurrence
lower
Jun 12, 2024
Upper · Passed
06/12/2024 Senate read and passed
upper
Jun 10, 2024
Legislature · Passed
06/10/2024 Committee recommends passage
legislature
Apr 9, 2024
Committee
04/09/2024 Committee recommended measure be held for further study
legislature
Mar 22, 2024
Introduced
03/22/2024 Introduced, referred to Senate Commerce
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Sue Sosnowski
DDemocratic
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