SB 86
  • Introduced
    Feb 05, 2025
  • Passed Senate
    May 02, 2025
  • Passed House
    May 12, 2026
  • Became 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; relating to abandoned virtual currency; amending Rules 79 and 82, Alaska Rules of Civil Procedure; and providing for an effective date.
Last Action See all actions
Senate • May 15, 2026: (S) AWAITING TRANSMITTAL TO GOV
Latest Bill Text See all bill texts
SB0086C, AM HCS CSSB 86(FIN), introduced 05/06/2026, passed House 05/12/2026, passed Senate 05/15/2026

Summary

Comments on SB 86

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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

      OTHER: 3
      Sources
      May 12, 2026, House
      Shall HCS CSSB 86(FIN) pass the House?
      YES: 40
      NO: 0
      OTHER: 0
      YES: 40

        NO: 0

          OTHER: 0
          Sources
          Actions
          • May 15, 2026 | Senate
            • (S) CONCUR MESSAGE TAKEN UP
            • (S) CONCUR AM OF (H) Y20 N-
            • (S) COURT RULE(S) SAME AS PASSAGE
            • (S) EFFECTIVE DATE(S) SAME AS PASSAGE
            • (S) AWAITING TRANSMITTAL TO GOV
          • May 14, 2026 | Senate
            • (S) CONCUR MESSAGE READ
          • May 13, 2026 | House
            • (H) RECONSIDERATION NOT TAKEN UP
            • (H) TRANSMITTED TO (S) AS AMENDED
            • (H) VERSION: HCS CSSB 86(FIN)
          • May 12, 2026 | House
            • (H) Read the third time HCS CSSB 86(FIN)
            • (H) PASSED Y40
            • (H) COURT RULE(S) SAME AS PASSAGE
            • (H) EFFECTIVE DATE(S) SAME AS PASSAGE
            • (H) TITLE CHANGE: HCR 17
            • (H) JOHNSON NOTICE OF RECONSIDERATION
          • May 11, 2026 | House
            • (H) RULES TO CALENDAR 5/11/2026
            • (H) Read the second time
            • (H) FIN HCS ADOPTED UC
            • (H) ADVANCED TO THIRD READING 5/12 CALENDAR
          • May 06, 2026 | House
            • (H) DP: JIMMIE, GALVIN, STAPP, HANNAN, ALLARD, MOORE, BYNUM, SCHRAGE, JOSEPHSON,
            • (H) FOSTER
            • (H) NR: TOMASZEWSKI
            • (H) FN2: (CED)
          • May 05, 2026 | House
            • (H) TITLE CHANGE: HCR 17
          • May 06, 2026 | House
            • (H) FIN RPT HCS(FIN) NEW TITLE 10DP 1NR
          • May 04, 2026 | House
            • (H) FINANCE at 01:30 PM ADAMS 519
            • (H) Moved HCS CSSB 86(FIN) Out of Committee
          • Apr 28, 2026 | House
            • (H) FINANCE at 01:30 PM ADAMS 519
            • (H) Heard & Held
          • Apr 15, 2026 | House
            • (H) FINANCE at 01:30 PM ADAMS 519
            • (H) Heard & Held
          • Apr 10, 2026 | House
            • (H) FINANCE at 01:30 PM ADAMS 519
            • (H) -- MEETING CANCELED --
          • May 05, 2025 | House
            • (H) Read the first time - REFERRALS
            • (H) FIN
          • 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
            • (S) Minutes (SFIN)
          • Apr 01, 2025 | Senate
            • (S) FINANCE at 09:00 AM SENATE FINANCE 532
            • (S) Heard & Held
            • (S) Minutes (SFIN)
          • 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
            • (S) Minutes (SL&C)
          • Mar 05, 2025 | Senate
            • (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
            • (S) Heard & Held
            • (S) Minutes (SL&C)
          • Feb 05, 2025 | Senate
            • (S) Read the first time - REFERRALS
            • (S) L&C, FIN
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