Legislation

Title: Financial Institutions - Commissioner of Financial Regulation - Money Transmissions
Sponsored by: Chair, Economic Matters Committee (By Request - Departmental - Labor)
Status: In the House - Second Reading Passed
Analysis: Fiscal and Policy Note

Synopsis

Establishing licensing requirements for certain money transmission locations; requiring an applicant for a license to engage in the business of money transmission to provide the address of each self-service financial kiosk in a certain application and information that satisfies the Commissioner of Financial Regulation that the applicant has created certain policies and procedures; specifying the licensing fee that an applicant for a branch location license is required to pay; etc.

Committees

Original:: Economic Matters Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): October 1, 2020

By Request of the Governor

History

Legislation History
Chamber House Calendar Date 2/03/2020 Legislative Date 2/03/2020 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions - Commissioner of Financial Regulation - Money Transmissions Proceedings
Chamber House Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing 3/06 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/17/2020 Legislative Date 3/17/2020 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 3/17/2020 Legislative Date 3/14/2020 Action Favorable Adopted Second Reading Passed Proceedings 51AClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Financial Institutions - Commissioner of Financial Regulation - Money Transmissions Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/03/2020	2/03/2020	First Reading Economic Matters
			Text - First - Financial Institutions - Commissioner of Financial Regulation - Money Transmissions
House	2/10/2020	2/10/2020	Hearing 3/06 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/17/2020	3/17/2020	Favorable Report by Economic Matters
House	3/17/2020	3/14/2020	Favorable Adopted Second Reading Passed	51AClick to view Recorded Media
			Text - Third - Financial Institutions - Commissioner of Financial Regulation - Money Transmissions

File Code

Subjects

Statutes