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HCR 118

  • Hawaii House Concurrent Resolution
  • 2021 Regular Session
  • Introduced in House Apr 01, 2021
  • Passed House Mar 31, 2021
  • Senate
  • Governor

Requesting The Department Of Commerce And Consumer Affairs, Following The Completion Of The Department Of Commerce And Consumer Affairs' Division Of Financial Institutions' And Hawaii Technology Development Corporation'S Study, To Reconsider Its 2016 Ruling On Asset Reserve Requirements For Digital Currency Companies, Virtual Currency Companies, And Cryptocurrency Companies To Conduct Business In Hawaii And To Align The State'S Asset Reserve Requirements For These Companies With The Asset Reserve Requirements In Other States.

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Bill Subjects

Asset Reserves Cryptocurrency Dcca Digital Currency Division Of Financial Institutions Money Transmitters Act Virtual Currency

Abstract

Bill Sponsors (10)

Patrick Pihana Branco

  • Democratic
Primary

Henry Aquino

  • Democratic
  • Senator
  • District 19
Primary

Sonny Ganaden

  • Democratic
Primary

Daniel Holt

  • Democratic
  • Representative
  • District 28
Primary

B. KOBAYASHI

     
Primary

Sylvia Luke

  • Democratic
Primary

Sean Quinlan

  • Democratic
  • Representative
  • District 47
Primary

Chris Todd

  • Democratic
  • Representative
  • District 3
Primary

James Kunane Tokioka

  • Democratic
Primary

Tina Wildberger

  • Democratic
Primary

Votes

Mar 30, 2021

The committees on FIN recommend that the measure be PASSED, UNAMENDED.

Pass

House

Mar 19, 2021

The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS.

Pass

House

Actions

Apr 01, 2021

Senate

Referred to CPN, JDC/WAM.

  • Referral-Committee
Commerce and Consumer Protection Judiciary Ways and Means

Senate

Received from House (Hse. Com. No. 368).

Mar 31, 2021

House

Transmitted to Senate.

House

Adopted with none voting aye with reservations; Representative(s) Ward voting no (1) and Representative(s) Gates, Ohno excused (2).

House

Reported from FIN (Stand. Com. Rep. No. 1540), recommending adoption.

Mar 30, 2021

House

The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 13 Ayes: Representative(s) Luke, Cullen, Branco, Eli, Holt, Ilagan, B. Kobayashi, Marten, Nishimoto, Perruso, Sayama, Tam, Wildberger; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Yamashita, McDermott.

Mar 29, 2021

House

Re-scheduled for decision making on Tuesday, 03-30-21 11:00AM in conference room 308 Via Videoconference.

Mar 25, 2021

House

Scheduled for decision making on Tuesday, 03-30-21 11:00AM in conference room 309 Via Videoconference.

Mar 24, 2021

House

Report adopted. referred to the committee(s) on FIN as amended in HD 1 with Representative(s) Ward voting aye with reservations; none voting no (0) and none excused (0).

House

Reported from CPC (Stand. Com. Rep. No. 1256) as amended in HD 1, recommending referral to FIN.

Mar 19, 2021

House

The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Johanson, Kitagawa, Har, Hashem, Kong, Mizuno, Morikawa, Onishi, Tarnas, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Aquino.

Mar 17, 2021

House

Resolution scheduled to be heard by CPC on Friday, 03-19-21 2:00PM in conference room 329 Via Videoconference.

Mar 15, 2021

House

Referred to CPC, FIN, referral sheet 25

  • Referral-Committee
Consumer Protection & Commerce Finance

Mar 12, 2021

House

Offered

Bill Text

Bill Text Versions Format
HCR118_HD1 PDF HTML
HCR118 PDF HTML

Related Documents

Document Format
Committee Report HCR118_HD1_HSCR1540_ PDF HTML
Committee Report HCR118_HD1_HSCR1256_ PDF HTML
Testimony HCR118_TESTIMONY_CPC_03-19-21_ PDF

Sources

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

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