Bill Commons

RI HB 7955

dead

AN ACT RELATING TO FINANCIAL INSTITUTIONS -- CURRENCY TRANSMISSIONS

Rhode Island · 2026 Regular Session · lower

Quick answers

Did RI HB 7955 pass?

No. RI HB 7955 did not pass — it was defeated or died in the legislative process (2026-03-05). Latest recorded action (2026-03-05): 03/05/2026 Committee recommended measure be held for further study

What is RI HB 7955 about?

Expands the definition of operator to anyone who enables customers to purchase virtual currency. Expands the definition of a transaction to include a digital product or application where payment is made in person or through a third party intermediary.

Who sponsors RI HB 7955?

Shallcross Smith, Alzate, Potter and 3 others are the primary sponsors of RI HB 7955.

Description

Expands the definition of operator to anyone who enables customers to purchase virtual currency. Expands the definition of a transaction to include a digital product or application where payment is made in person or through a third party intermediary.

Introduced
2026-02-27
Latest action
2026-03-05 — 03/05/2026 Committee recommended measure be held for further study
Bill type
bill
Last updated
—

Sponsors

  • Shallcross Smithprimary
  • Alzateprimary
  • Potterprimary
  • Spearsprimary
  • Donovanprimary
  • Casimiroprimary

Committees

Not provided by source.

Action timeline

  1. 2026-02-27

    02/27/2026 Introduced, referred to House Innovation, Internet, & Technology

    introduction,referral-committee

  2. 2026-02-27

    02/27/2026 Scheduled for hearing and/or consideration (03/05/2026)

  3. 2026-03-05

    03/05/2026 Committee recommended measure be held for further study

    committee-failure

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://status.rilegislature.gov/

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:31:46.990152Z

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=RI&identifier=HB 7955. 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.

See the methodology page for data sources and limitations.