Bill Commons

HI SB 1368

died on adjournment

RELATING TO THE MONEY TRANSMITTERS MODERNIZATION ACT.

Hawaii · 2026 Regular Session · upper

Description

Aligns the State's Money Transmitters Modernization Act with the Model Money Transmitters Modernization Act, thereby enabling Hawaii to work within a network of states to license, supervise, and examine transglobal money transmission companies as a multistate system; adopts nationwide standards that provide clarity and consistency in calculating the tangible net worth of licensees; ensures that licensees have sufficient financial resources to conduct their business in a safe and sound manner; and promotes efficiency throughout the licensing process.

Introduced
2025-01-23
Status date
—
Latest action
2025-12-08 — Carried over to 2026 Regular Session.
Bill type
bill
Last updated
—

Subjects

Sponsors

  • KOUCHIprimary

Committees

Not provided by source.

Action timeline

  1. 2025-12-08

    Carried over to 2026 Regular Session.

    carried-over

  2. 2025-01-27

    Referred to CPN, WAM.

    referral-committee

  3. 2025-01-23

    Introduced and passed First Reading.

    introduction,reading-1

  4. 2025-01-21

    Pending Introduction.

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

https://capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1368&year=2026

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:20:09.051962Z

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