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SB 86
  • Introduced
    Feb 05, 2025
  • Passed Senate
    May 02, 2025
  • Passed House
  • Signed into Law
SB 86
Alaska Senate Bill
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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
House • May 05, 2025: (H) Referred to FINANCE
Latest Bill Text See all bill texts
SB0086B, AM CSSB 86(FIN), introduced 04/14/2025, passed Senate 05/02/2025

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Votes
May 02, 2025, Senate
Shall CS FOR SENATE BILL NO. 86(FIN) pass the Senate?
YES: 17
NO: 0
OTHER: 3
YES: 17

NO: 0

    EXCUSED: 3

    Sources
    Actions
    • May 05, 2025 | House
      • (H) Read the first time - REFERRALS
      • (H) FIN
      • (H) Referred to FINANCE
    • May 02, 2025 | Senate
      • (S) Read the third time CSSB 86(FIN)
      • (S) PASSED Y17 N- E3
      • (S) COURT RULE(S) SAME AS PASSAGE
      • (S) EFFECTIVE DATE(S) SAME AS PASSAGE
      • (S) TRANSMITTED TO (H)
      • (S) VERSION: CSSB 86(FIN)
    • Apr 30, 2025 | Senate
      • (S) RULES TO CALENDAR 4/30/2025
      • (S) Read the second time
      • (S) FIN CS ADOPTED UC
      • (S) ADVANCED TO THIRD READING 5/2 CAL
    • 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)
    • 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
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