SB 86

  • Alaska Senate Bill
  • 34th Legislature (2025-2026)
  • Introduced in Senate
  • Passed Senate May 02, 2025
  • House
  • Governor

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; amending Rules 79 and 82, Alaska Rules of Civil Procedure; and providing for an effective date.

Votes


Actions


May 05, 2025

House

(H) READ THE FIRST TIME - REFERRALS

House

(H) REFERRED TO FINANCE

House

(H) FIN

May 02, 2025

Senate

(S) EFFECTIVE DATE(S) SAME AS PASSAGE

Senate

(S) COURT RULE(S) SAME AS PASSAGE

Senate

(S) READ THE THIRD TIME CSSB 86(FIN)

Senate

(S) PASSED Y17 N- E3

Senate

(S) VERSION: CSSB 86(FIN)

Senate

(S) TRANSMITTED TO (H)

Apr 30, 2025

Senate

(S) READ THE SECOND TIME

Senate

(S) ADVANCED TO THIRD READING 5/2 CAL

Senate

(S) FIN CS ADOPTED UC

Senate

(S) RULES TO CALENDAR 4/30/2025

Apr 14, 2025

Senate

(S) DP: OLSON, HOFFMAN, MERRICK, KIEHL

Senate

(S) FIN RPT CS 4DP 2NR SAME TITLE

Senate

(S) NR: STEDMAN, CRONK

Senate

(S) FN1: (CED)

Apr 11, 2025

Senate

(S) FINANCE at 09:00 AM SENATE FINANCE 532

Senate

(S) Moved CSSB 86(FIN) Out of Committee

Apr 01, 2025

Senate

(S) Heard & Held

Senate

(S) FINANCE at 09:00 AM SENATE FINANCE 532

Mar 10, 2025

Senate

(S) DP: BJORKMAN, DUNBAR, YUNDT

Senate

(S) FN1: (CED)

Senate

(S) L&C RPT 3DP

Mar 07, 2025

Senate

(S) Moved SB 86 Out of Committee

Senate

(S) Minutes (SL&C)

Senate

(S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)

Mar 05, 2025

Senate

(S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)

Senate

(S) Minutes (SL&C)

Senate

(S) Heard & Held

Feb 05, 2025

Senate

(S) READ THE FIRST TIME - REFERRALS

Senate

(S) L&C, FIN

Bill Text

Bill Text Versions Format
SB 86 PDF HTML
CSSB 86(FIN) PDF HTML

Related Documents

Document Format
SB86 Fiscal Note DCCED-DBS 02.27.25 PDF
SB86 Public Testimony-Letter-ETA 03.05.25 PDF
SB86 Public Testimony-Letter-AKBA 02.20.25 PDF
SB86 Public Testimony-Letter-Mastercard 03.04.25 PDF
SB86 Public Testimony-Letter-MSBA 03.04.25 PDF
SB86 Public Testimony-Letter-TMSRT 02.20.25 PDF
SB86 Sectional Analysis ver I PDF
SB86 Sponsor Statement ver I PDF
SB86 ver I PDF
SB86 Bill Presentation 03.05.25 PDF
SB 86 Bill Presentation 3.12.2025 PDF
SB 86 ETA Support - AK SB 86 PDF
SB 86 Letters of Support version I 3.12.2025 PDF
SB 86 Sectional Analysis version I 3.12.2025 PDF
SB 86 Sponsor Statement version I 3.12.2025 PDF
SB 86 work draft ver T PDF
SB 86 Explanation of Changes ver I to T PDF
Sponsor Statement PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Alaska State Legislature.

If you notice any inconsistencies with these official sources, feel free to file an issue.