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  • Introduced
    Mar 12, 2021
  • Passed House
    Mar 31, 2021
  • Passed Senate
  • Signed into Law
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HCR 118
Hawaii House Bill
REQUESTING THE DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS, FOLLOWING THE COMPLETION OF THE DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS' DIVISION OF FINANCIAL INSTITUTIONS' AND HAWAII TECHNOLOGY DEVELOPMENT CORPORATION'S STUDY, TO RECONSIDER ITS 2016 RULING ON ASSET RESERVE REQUIREMENTS FOR DIGITAL CURRENCY COMPANIES, VIRTUAL CURRENCY COMPANIES, AND CRYPTOCURRENCY COMPANIES TO CONDUCT BUSINESS IN HAWAII AND TO ALIGN THE STATE'S ASSET RESERVE REQUIREMENTS FOR THESE COMPANIES WITH THE ASSET RESERVE REQUIREMENTS IN OTHER STATES.
Last Action
Senate • Apr 01, 2021: Referred to CPN, JDC/WAM.
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  • Apr 01, 2021 | Senate
    • Received from House (Hse. Com. No. 368).
    • Referred to CPN, JDC/WAM.
  • Mar 31, 2021 | House
    • Reported from FIN (Stand. Com. Rep. No. 1540), recommending adoption.
    • Adopted with none voting aye with reservations; Representative(s) Ward voting no (1) and Representative(s) Gates, Ohno excused (2).
    • Transmitted to Senate.
  • Mar 30, 2021 | House
    • The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 13 Ayes: Representative(s) Luke, Cullen, Branco, Eli, Holt, Ilagan, B. Kobayashi, Marten, Nishimoto, Perruso, Sayama, Tam, Wildberger; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Yamashita, McDermott.
  • Mar 29, 2021 | House
    • Re-scheduled for decision making on Tuesday, 03-30-21 11:00AM in conference room 308 Via Videoconference.
  • Mar 25, 2021 | House
    • Scheduled for decision making on Tuesday, 03-30-21 11:00AM in conference room 309 Via Videoconference.
  • Mar 24, 2021 | House
    • Reported from CPC (Stand. Com. Rep. No. 1256) as amended in HD 1, recommending referral to FIN.
    • Report adopted. referred to the committee(s) on FIN as amended in HD 1 with Representative(s) Ward voting aye with reservations; none voting no (0) and none excused (0).
  • Mar 19, 2021 | House
    • The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Johanson, Kitagawa, Har, Hashem, Kong, Mizuno, Morikawa, Onishi, Tarnas, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Aquino.
  • Mar 17, 2021 | House
    • Resolution scheduled to be heard by CPC on Friday, 03-19-21 2:00PM in conference room 329 Via Videoconference.
  • Mar 15, 2021 | House
    • Referred to CPC, FIN, referral sheet 25
  • Mar 12, 2021 | House
    • Offered
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