SB 1758: Money Services Businesses
GENERAL BILL by Brandes
Money Services Businesses; Revising exceptions for a licensee during the Financial Technology Sandbox period; revising and providing definitions; prohibiting certain activities by a person without obtaining a license; providing requirements for a money transmitter that receives virtual currency; excluding virtual currency in the calculation of permissible investments, etc.
Senate Committee References:
- Banking and Insurance (BI)
- Commerce and Tourism (CM)
- Rules (RC)
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Bill History
Date Chamber Action 2/25/2021 Senate • Filed
3/4/2021 Senate • Referred to Banking and Insurance; Commerce and Tourism; Rules -SJ 200
3/10/2021 Senate • Introduced -SJ 200
3/11/2021 Senate • On Committee agenda-- Banking and Insurance, 03/16/21, 9:30 am, 412 Knott Building
3/16/2021 Senate • Favorable by Banking and Insurance; YEAS 12 NAYS 0 -SJ 270
3/17/2021 Senate • Now in Commerce and Tourism
3/24/2021 Senate • On Committee agenda-- Commerce and Tourism, 03/29/21, 3:30 pm, 110 Senate Building
3/29/2021 Senate • Favorable by Commerce and Tourism; YEAS 10 NAYS 0 -SJ 324
3/30/2021 Senate • Now in Rules
4/30/2021 Senate • Died in Rules
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SB 1758, Original Filed Version (Current Bill Version) Posted 2/25/2021 at 4:50 PM
Bill Text: Web Page | PDF Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1351 (c2) Money Services Businesses Aloupis, Jr. Compare Last Action: 4/30/2021 S Died in Rules 
Committee Votes (2)
Date Committee Result 3/16/2021 9:30 AM Banking and Insurance 12 Yeas - 0 Nays 3/29/2021 3:30 PM Commerce and Tourism 10 Yeas - 0 Nays Citations - Statutes (4)
Citation Catchline Location in Bill Location In Bill Help 559.952 Financial Technology Sandbox. Page 1 (pdf) 560.103 Definitions. Page 3 (pdf) 560.204 License required. Page 5 (pdf) 560.210 Permissible investments. Page 5 (pdf)