Bill Commons

MA S 3048

in committee

An Act to stop cryptocurrency ATM misuse ("SCAM" Act)

Massachusetts · 2025-2026 Regular Session (194th General Court) · upper

Quick answers

Did MA S 3048 pass?

Not yet. MA S 3048 is in committee as of 2026-04-15 and has not come to a final vote. Latest recorded action (2026-04-15): Bill reported favorably by committee and referred to the committee on Senate Ways and Means

What is MA S 3048 about?

Senate, April 15, 2026 -- The committee on Financial Services, to whom was referred the petitions (accompanied by bill, Senate, No. 707) of John J. Cronin, Joanne M. Comerford, Peter J. Durant, Patricia D. Jehlen and other members of the Senate for legislation relative to prevent fraud and establish regulations on certain virtual currencies; and (accompanied by bill, Senate, No. 757) of Barry R. Finegold for legislation to establish regulations on certain virtual currencies for fraud prevention, report the accompanying bill (Senate, No. 3048).

Who sponsors MA S 3048?

Joint Committee on Financial Services is the primary sponsor of MA S 3048, joined by 16 cosponsors.

Description

Senate, April 15, 2026 -- The committee on Financial Services, to whom was referred the petitions (accompanied by bill, Senate, No. 707) of John J. Cronin, Joanne M. Comerford, Peter J. Durant, Patricia D. Jehlen and other members of the Senate for legislation relative to prevent fraud and establish regulations on certain virtual currencies; and (accompanied by bill, Senate, No. 757) of Barry R. Finegold for legislation to establish regulations on certain virtual currencies for fraud prevention, report the accompanying bill (Senate, No. 3048).

Introduced
—
Latest action
2026-04-15 — Bill reported favorably by committee and referred to the committee on Senate Ways and Means
Bill type
bill
Last updated
—

Sponsors

  • Joint Committee on Financial Servicesprimary
  • John J. Cronincosponsor
  • Barry R. Finegoldcosponsor
  • Joanne M. Comerfordcosponsor
  • Peter J. Durantcosponsor
  • Patricia D. Jehlencosponsor
  • Michael D. Bradycosponsor
  • Sal N. DiDomenicocosponsor
  • Jason M. Lewiscosponsor
  • John C. Veliscosponsor
  • Susannah M. Whippscosponsor
  • Bruce E. Tarrcosponsor
  • Jacob R. Oliveiracosponsor
  • Ryan C. Fattmancosponsor
  • Joan B. Lovelycosponsor
  • Bradley H. Jones, Jr.cosponsor
  • James B. Eldridgecosponsor

Committees

Not provided by source.

Action timeline

  1. 2026-04-15

    Reported from the committee on Financial Services

  2. 2026-04-15

    New draft of S707 and S757

  3. 2026-04-15

    Bill reported favorably by committee and referred to the committee on Senate Ways and Means

    committee-passage-favorable,referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://malegislature.gov/Bills/194/S3048

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:22:56.590024Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

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=MA&identifier=S 3048. 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.

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