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IntroducedApr 04, 2022
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Passed House
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Passed Senate
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Signed into Law
An Act relating to the business of money transmission; relating to money transmission licenses, licensure requirements, and registration through the Nationwide Multistate Licensing System; relating to the use of virtual currency for money transmission; relating to authorized delegates of a licensee; relating to acquisition of control of a license; relating to record retention and reporting requirements; authorizing the Department of Commerce, Community, and Economic Development to cooperate with other states in the regulation of money transmission; relating to permissible investments; relating to violations and enforcement of money transmission laws; relating to money transmission license exemptions; relating to payroll processing services; repealing currency exchange licenses; and providing for an effective date.
Last Action See all actions
House • May 11, 2022: (H) Heard & Held
Latest Bill Text See all bill texts
Official Summary/Bill Text
Comments on HB 408
Tweets
Whip Lists
Sponsors
- HOUSE RULES BY REQUEST OF THE GOVERNORprimary
Votes
Actions
- May 11, 2022 | House
- (H) LABOR & COMMERCE at 03:15 PM BARNES 124
- (H) Heard & Held
- May 10, 2022 | House
- (H) LABOR & COMMERCE at 09:00 AM BARNES 124
- (H) Scheduled but Not Heard -- Rescheduled from 5/9/22 --
- May 09, 2022 | House
- (H) LABOR & COMMERCE at 03:15 PM BARNES 124
- (H) Scheduled but Not Heard -- Delayed to 5/10/22 at 9:00 am --
- May 04, 2022 | House
- (H) LABOR & COMMERCE at 03:15 PM BARNES 124
- (H)
- Apr 22, 2022 | House
- (H) LABOR & COMMERCE at 09:00 AM BARNES 124
- (H) Heard & Held -- Please Note Time Change --
- Apr 04, 2022 | House
- (H) Read the first time - REFERRALS
- (H) L&C, FIN
- (H) FN1: (CED)
- (H) GOVERNOR'S TRANSMITTAL LETTER
- (H) Referred to LABOR & COMMERCE
Bill Texts
Documents
- House Fiscal Note 1 by Commerce, Community & Econ. Dev. -- Fiscal impact: Y (04/04/2022)
- HOUSE LABOR & COMMERCE 5/11/2022 (Audio/Video)
- HOUSE LABOR & COMMERCE 4/22/2022 (Audio/Video)
- HL&C 5/11/2022 -- CS HB 408 (L&C) v. B Summary of Changes_5.11.22.pdf
- HL&C 5/11/2022 -- HB 408 ver B 5.10.22.pdf
- HL&C 4/22/2022 -- HB 408 Fiscal Note DCCED-DBS 3.18.22.pdf
- HL&C 4/22/2022 -- HB 408 Testimony - Independent Payroll Providers Association 4.15.22.pdf
- HL&C 4/22/2022 -- HB 408 Department Presentation 4.12.2022.pdf
- HL&C 4/22/2022 -- HB 408 Supporting Document - White Paper 4.21.22.pdf
- HL&C 4/22/2022 -- HB 408 ver A 4.4.22.PDF
- HL&C 4/22/2022 -- HB 408 Sectional Analysis ver A 4.21.22.pdf
- HL&C 4/22/2022 -- HB 408 - Transmittal Letter - 3.23.22.pdf