Legislation - SB0219

Title: Financial Institutions – Commissioner of Financial Regulation – Money Transmissions
Sponsored by: Chair, Finance Committee (By Request - Departmental - Labor)
Status: In the Senate - Hearing 1/26 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Establishing licensing requirements for certain money transmission locations; altering certain net worth requirements for certain applicants for a license to engage in money transmission; requiring an applicant for a license to engage in money transmission to provide the address of each self-service financial kiosk in a certain application; specifying a $500 licensing fee that an applicant for a branch location license is required to pay; etc.

Committees

Original:: Finance Click to view Recorded Media

Details

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2021

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 9/22/2020 Legislative Date 9/22/2020 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/13/2021 Legislative Date 1/13/2021 Action First Reading Finance Proceedings
Chamber Senate Calendar Date 12/23/2020 Legislative Date 12/23/2020 Action Hearing 1/20 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions – Commissioner of Financial Regulation – Money Transmissions Proceedings
Chamber Senate Calendar Date 1/18/2021 Legislative Date 1/18/2021 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 1/18/2021 Legislative Date 1/18/2021 Action Hearing 1/26 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	9/22/2020	9/22/2020	Pre-filed
Senate	1/13/2021	1/13/2021	First Reading Finance
Senate	12/23/2020	12/23/2020	Hearing 1/20 at 1:00 p.m.
			Text - First - Financial Institutions – Commissioner of Financial Regulation – Money Transmissions
Senate	1/18/2021	1/18/2021	Hearing canceled
Senate	1/18/2021	1/18/2021	Hearing 1/26 at 1:00 p.m.

File Code

Subjects

Statutes