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CS/HB 505: Virtual Currency Kiosks

GENERAL BILL by Commerce Committee ; Owen ; Daley ; (CO-INTRODUCERS) Alvarez, D. ; Miller ; Tendrich

Virtual Currency Kiosks; Revises definition of term "money transmitter" to include owners & operators of virtual currency kiosks; exempts owners & operators of virtual currency kiosks from license application fees & license renewal fees; requires owner or operator of virtual currency kiosk to ensure that specified disclosure is displayed before customer initiates virtual currency kiosk transaction; prohibits owner or operator of virtual currency kiosk from permitting new & existing customers to transact more than specified amount per calendar day; requires owner or operator of virtual currency kiosk to provide customer with specified electronic & paper receipt upon completion of virtual currency kiosk transaction; requires owner or operator of virtual currency kiosk to issue full refund of transaction fees under certain circumstances; authorizes FSC to adopt rules.

Effective Date: 7/1/2026
Last Action: 2/2/2026 House - Added to Second Reading Calendar
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    11/20/2025 House • Filed
    11/24/2025 House • Referred to Insurance & Banking Subcommittee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
    12/2/2025 House • Added to Insurance & Banking Subcommittee agenda
    12/9/2025 House • Favorable by Insurance & Banking Subcommittee
    • Reported out of Insurance & Banking Subcommittee
    • Now in Commerce Committee
    1/13/2026 House • 1st Reading (Original Filed Version)
    1/23/2026 House • Added to Commerce Committee agenda
    1/27/2026 House • Favorable with CS by Commerce Committee
    1/28/2026 House • Reported out of Commerce Committee
    • Laid on Table under Rule 7.18(a)
    • CS Filed
    1/29/2026 House • 1st Reading (Committee Substitute 1)
    2/2/2026 House • Bill referred to House Calendar
    • Added to Second Reading Calendar

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  • CS/HB 505, Committee Substitute 1 (Current Bill Version) Posted 1/28/2026 at 5:56 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 198 (c1) Virtual Currency Kiosks Rouson Similar Last Action: 2/5/2026 S On Committee agenda-- Rules, 02/10/26, 9:00 am, 412 Knott Building Track This Bill

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    560.103 Definitions. Page 2 (pdf)
    560.143 Fees. Page 2 (pdf)
    560.215 Page 3 (pdf)

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  • HB 505, Original Filed Version Posted 11/20/2025 at 11:06 AM

    Bill Text:   PDF
    Analyses:   Insurance & Banking Subcommittee (Post-Meeting) 12/9/2025 (pdf)
    Commerce Committee (Post-Meeting) 1/29/2026 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 198 Virtual Currency Kiosks Rouson Identical Last Action: 2/5/2026 S On Committee agenda-- Rules, 02/10/26, 9:00 am, 412 Knott Building Track This Bill

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    476503 - Strike All Amendment
    Remove everything after the enacting clause and insert:     		Owen 1/26/2026
    12:29 PM     		Adopted
    1/27/2026     		PDF
    hierarchy 454065 - Amendment to Amendment (476503)
    Remove lines 84-114 of the amendment and insert:     		McFarland 1/26/2026
    7:10 PM     		Adopted without Objection
    1/27/2026     		PDF

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    560.215 Page 1 (pdf)

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