AK SB 86
enactedAn 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.
Alaska · 2026 Regular Session (34th Legislature, 2nd Session) · upper
Quick answers
Did AK SB 86 pass?
Yes. AK SB 86 has been enacted into law as of 2026-07-16. Latest recorded action (2026-07-16): (S) EFFECTIVE DATE(S) OF LAW SEE CHAPTER
What is AK SB 86 about?
AK SB 86 is a bill in the 2026 Regular Session (34th Legislature, 2nd Session) titled “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.”.
Who sponsors AK SB 86?
Kiehl is the primary sponsor of AK SB 86.
- Introduced
- —
- Latest action
- 2026-07-16 — (S) EFFECTIVE DATE(S) OF LAW SEE CHAPTER
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Kiehlprimary
Committees
Not provided by source.
Action timeline
2025-02-05
(S) READ THE FIRST TIME - REFERRALS
reading-1
2025-02-05
(S) L&C, FIN
2025-03-05
(S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
2025-03-05
(S) Heard & Held
2025-03-05
(S) Minutes (SL&C)
2025-03-07
(S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
2025-03-07
(S) Moved SB 86 Out of Committee
2025-03-07
(S) Minutes (SL&C)
2025-03-10
(S) L&C RPT 3DP
2025-03-10
(S) DP: BJORKMAN, DUNBAR, YUNDT
2025-03-10
(S) FN1: (CED)
2025-04-01
(S) FINANCE at 09:00 AM SENATE FINANCE 532
2025-04-01
(S) Heard & Held
2025-04-01
(S) Minutes (SFIN)
2025-04-11
(S) FINANCE at 09:00 AM SENATE FINANCE 532
2025-04-11
(S) Moved CSSB 86(FIN) Out of Committee
2025-04-11
(S) Minutes (SFIN)
2025-04-14
(S) FIN RPT CS 4DP 2NR SAME TITLE
2025-04-14
(S) DP: OLSON, HOFFMAN, MERRICK, KIEHL
2025-04-14
(S) NR: STEDMAN, CRONK
2025-04-14
(S) FN1: (CED)
2025-04-30
(S) RULES TO CALENDAR 4/30/2025
2025-04-30
(S) READ THE SECOND TIME
reading-2
2025-04-30
(S) FIN CS ADOPTED UC
2025-04-30
(S) ADVANCED TO THIRD READING 5/2 CAL
reading-3
2025-05-02
(S) READ THE THIRD TIME CSSB 86(FIN)
reading-3
2025-05-02
(S) PASSED Y17 N- E3
passage
2025-05-02
(S) COURT RULE(S) SAME AS PASSAGE
2025-05-02
(S) EFFECTIVE DATE(S) SAME AS PASSAGE
2025-05-02
(S) TRANSMITTED TO (H)
passage
2025-05-02
(S) VERSION: CSSB 86(FIN)
2025-05-05
(H) READ THE FIRST TIME - REFERRALS
reading-1
2025-05-05
(H) FIN
2026-04-10
(H) FINANCE at 01:30 PM ADAMS 519
2026-04-10
(H) -- MEETING CANCELED --
2026-04-15
(H) FINANCE at 01:30 PM ADAMS 519
2026-04-15
(H) Heard & Held
2026-04-15
(H) Minutes (HFIN)
2026-04-28
(H) FINANCE at 01:30 PM ADAMS 519
2026-04-28
(H) Heard & Held
2026-04-28
(H) FINANCE at 01:30 PM ADAMS 519
2026-04-28
(H) Heard & Held
2026-05-04
(H) FINANCE at 01:30 PM ADAMS 519
2026-05-04
(H) Moved HCS CSSB 86(FIN) Out of Committee
2026-05-04
(H) FINANCE at 01:30 PM ADAMS 519
2026-05-04
(H) Moved HCS CSSB 86(FIN) Out of Committee
2026-05-06
(H) FIN RPT HCS(FIN) NEW TITLE 10DP 1NR
2026-05-06
(H) TITLE CHANGE: HCR 17
2026-05-06
(H) FIN RPT HCS(FIN) NEW TITLE 10DP 1NR
2026-05-06
(H) DP: JIMMIE, GALVIN, STAPP, HANNAN, ALLARD, MOORE, BYNUM, SCHRAGE, JOSEPHSON,
2026-05-06
(H) TITLE CHANGE: HCR 17
2026-05-06
(H) FOSTER
2026-05-06
(H) DP: JIMMIE, GALVIN, STAPP, HANNAN, ALLARD, MOORE, BYNUM, SCHRAGE, JOSEPHSON,
2026-05-06
(H) NR: TOMASZEWSKI
2026-05-06
(H) FOSTER
2026-05-06
(H) FN2: (CED)
2026-05-06
(H) NR: TOMASZEWSKI
2026-05-06
(H) FN2: (CED)
2026-05-11
(H) RULES TO CALENDAR 5/11/2026
2026-05-11
(H) READ THE SECOND TIME
reading-2
2026-05-11
(H) RULES TO CALENDAR 5/11/2026
2026-05-11
(H) FIN HCS ADOPTED UC
2026-05-11
(H) READ THE SECOND TIME
reading-2
2026-05-11
(H) ADVANCED TO THIRD READING 5/12 CALENDAR
reading-3
2026-05-11
(H) FIN HCS ADOPTED UC
2026-05-11
(H) ADVANCED TO THIRD READING 5/12 CALENDAR
reading-3
2026-05-12
(H) READ THE THIRD TIME HCS CSSB 86(FIN)
reading-3
2026-05-12
(H) PASSED Y40
passage
2026-05-12
(H) READ THE THIRD TIME HCS CSSB 86(FIN)
reading-3
2026-05-12
(H) COURT RULE(S) SAME AS PASSAGE
2026-05-12
(H) PASSED Y40
passage
2026-05-12
(H) EFFECTIVE DATE(S) SAME AS PASSAGE
2026-05-12
(H) COURT RULE(S) SAME AS PASSAGE
2026-05-12
(H) TITLE CHANGE: HCR 17
2026-05-12
(H) EFFECTIVE DATE(S) SAME AS PASSAGE
2026-05-12
(H) JOHNSON NOTICE OF RECONSIDERATION
2026-05-12
(H) TITLE CHANGE: HCR 17
2026-05-12
(H) JOHNSON NOTICE OF RECONSIDERATION
2026-05-13
(H) RECONSIDERATION NOT TAKEN UP
2026-05-13
(H) TRANSMITTED TO (S) AS AMENDED
passage
2026-05-13
(H) RECONSIDERATION NOT TAKEN UP
2026-05-13
(H) VERSION: HCS CSSB 86(FIN)
2026-05-13
(H) TRANSMITTED TO (S) AS AMENDED
passage
2026-05-13
(H) VERSION: HCS CSSB 86(FIN)
2026-05-14
(S) CONCUR MESSAGE READ
2026-05-14
(S) CONCUR MESSAGE READ
2026-05-15
(S) CONCUR MESSAGE TAKEN UP
2026-05-15
(S) CONCUR AM OF (H) Y20 N-
2026-05-15
(S) CONCUR MESSAGE TAKEN UP
2026-05-15
(S) COURT RULE(S) SAME AS PASSAGE
2026-05-15
(S) CONCUR AM OF (H) Y20 N-
2026-05-15
(S) EFFECTIVE DATE(S) SAME AS PASSAGE
2026-05-15
(S) COURT RULE(S) SAME AS PASSAGE
2026-05-15
(S) EFFECTIVE DATE(S) SAME AS PASSAGE
2026-06-05
(S) MANIFEST ERROR(S)
2026-06-05
(S) MANIFEST ERROR(S)
2026-06-15
(S) 3:55 P.M. 6/15/26 Transmitted to Governor
executive-receipt
2026-06-15
(S) 3:55 P.M. 6/15/26 Transmitted to Governor
executive-receipt
2026-07-16
(S) LAW W/O GOV SIGNATURE 6/30 CH 48 SLA 26
became-law
2026-07-16
(S) EFFECTIVE DATE(S) OF LAW SEE CHAPTER
became-law
2026-07-16
(S) LAW W/O GOV SIGNATURE 6/30 CH 48 SLA 26
became-law
2026-07-16
(S) EFFECTIVE DATE(S) OF LAW SEE CHAPTER
became-law
Versions
Documents
Votes
(S) PASSED Y17 N- E3 #1093
2025-05-02 · pass · 17-0
(H) PASSED Y40 #2514
2026-05-12 · pass · 40-0
(S) CONCUR AM OF (H) Y20 N- #2655
2026-05-15 · pass · 20-0
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-07-29T13:37:38.578851Z
Inspect retained evidence for changes recorded after evidence tracking began:
Use this data
Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=AK&identifier=SB 86. See the API docs or the MCP server for AI assistants.
Known limitations
- Sponsor party and chamber affiliation are not yet captured by this API.
- Committee referrals are not yet captured.
- Some documents have no extracted text yet, so version comparison may be limited.
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