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IntroducedFeb 05, 2025
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Passed Senate
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Passed House
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Signed into Law
An Act relating to the business of money transmission; relating to licenses for money transmission, licensure requirements, and registration through a 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 exemptions to money transmission licensure requirements; relating to payroll processing services; relating to currency exchange licenses; amending Rules 79 and 82, Alaska Rules of Civil Procedure; and providing for an effective date.
Last Action See all actions
Senate • Apr 14, 2025: (S) Referred to RULES
Latest Bill Text See all bill texts
Summary/Bill Text
Comments on SB 86
Tweets
Whip Lists
Sponsors
Votes
Actions
- Apr 14, 2025 | Senate
- (S) FIN RPT CS 4DP 2NR SAME TITLE
- (S) DP: OLSON, HOFFMAN, MERRICK, KIEHL
- (S) NR: STEDMAN, CRONK
- (S) FN1: (CED)
- (S) Referred to RULES
- Apr 11, 2025 | Senate
- (S) FINANCE at 09:00 AM SENATE FINANCE 532
- (S) Moved CSSB 86(FIN) Out of Committee
- Apr 01, 2025 | Senate
- (S) FINANCE at 09:00 AM SENATE FINANCE 532
- (S) Heard & Held
- Mar 10, 2025 | Senate
- (S) L&C RPT 3DP
- (S) DP: BJORKMAN, DUNBAR, YUNDT
- (S) FN1: (CED)
- Mar 07, 2025 | Senate
- (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
- (S) Moved SB 86 Out of Committee
- Mar 05, 2025 | Senate
- (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
- (S) Heard & Held
- Feb 05, 2025 | Senate
- (S) Read the first time - REFERRALS
- (S) L&C, FIN
Documents
- Sponsor Statement
- Senate Fiscal Note 1 by Commerce, Community & Econ. Dev. -- Fiscal impact: Y (03/10/2025)
- SENATE FINANCE 4/11/2025 (Audio/Video)
- SENATE FINANCE 4/1/2025 (Audio/Video)
- SENATE LABOR & COMMERCE 3/7/2025 (Audio/Video)
- SENATE LABOR & COMMERCE 3/5/2025 (Audio/Video)
- SFIN 4/11/2025 -- SB 86 Explanation of Changes ver I to T.pdf
- SFIN 4/11/2025 -- SB 86 work draft ver T.pdf
- SFIN 4/1/2025 -- SB 86 Sponsor Statement version I 3.12.2025.pdf
- SFIN 4/1/2025 -- SB 86 Sectional Analysis version I 3.12.2025.pdf
- SFIN 4/1/2025 -- SB 86 Letters of Support version I 3.12.2025.pdf
- SFIN 4/1/2025 -- SB 86 ETA Support - AK SB 86.pdf
- SFIN 4/1/2025 -- SB 86 Bill Presentation 3.12.2025.pdf
- SL&C 3/5/2025 -- SB86 Bill Presentation 03.05.25.pdf
- SL&C 3/5/2025 -- SB86 ver I.pdf
- SL&C 3/5/2025 -- SB86 Sponsor Statement ver I.pdf
- SL&C 3/5/2025 -- SB86 Sectional Analysis ver I.pdf
- SL&C 3/5/2025 -- SB86 Public Testimony-Letter-TMSRT 02.20.25.pdf
- SL&C 3/5/2025 -- SB86 Public Testimony-Letter-MSBA 03.04.25.pdf
- SL&C 3/5/2025 -- SB86 Public Testimony-Letter-Mastercard 03.04.25.pdf
- SL&C 3/5/2025 -- SB86 Public Testimony-Letter-AKBA 02.20.25.pdf
- SL&C 3/5/2025 -- SB86 Public Testimony-Letter-ETA 03.05.25.pdf
- SL&C 3/5/2025 -- SB86 Fiscal Note DCCED-DBS 02.27.25.pdf