Legislature(2017 - 2018)

2018-01-31 House Journal

Full Journal pdf

2018-01-31                     House Journal                      Page 2278
HB 180                                                                                                                        
The Labor & Commerce Committee considered:                                                                                      

2018-01-31                     House Journal                      Page 2279
    HOUSE BILL NO. 180                                                                                                          
    "An Act relating to money transmission and currency exchange                                                                
    businesses; relating to transmitting value that substitutes for                                                             
    money; relating to licensing requirements and registration through                                                          
    the Nationwide Multistate Licensing System and Registry;                                                                    
    relating to surety bonding requirements; authorizing certain                                                                
    licensees to contract to use subdelegates for reloading funds on                                                            
    certain stored-value cards; relating to record retention, reporting                                                         
    requirements, and enforcement provisions; relating to exemptions;                                                           
    relating to money services Internet activities; relating to                                                                 
    transmitting value and currency; and providing for an effective                                                             
The report was signed by Representative Kito, Chair, with the                                                                   
following individual recommendations:                                                                                           
Do pass (3):  Stutes, Wool, Kito                                                                                                
No recommendation (4):  Sullivan-Leonard, Josephson, Birch, Knopp                                                               
The following fiscal note(s) apply:                                                                                             
1.  Zero, Dept. of Commerce, Community, & Economic Development                                                                  
HB 180 was referred to the Judiciary Committee.