Mark Walker
- Democratic
- Senator
- District 27
Primary
Creates the Digital Assets and Consumer Protection Act. Provides that the Department of Financial and Professional Regulation shall regulate digital asset business activity in the State. Sets forth provisions concerning: applicability; the powers and duties of the Department; funds; customer protections; custody and protection of customer assets; covered exchanges; compliance; registration; supervision; records; additional procedural provisions; confidentiality; violations; enforcement; rulemaking authority; and severability. Creates the Special Purpose Trust Company Article in the Corporate Fiduciary Act. Sets forth provisions concerning certificates of authority; rulemaking and organization; certificates of authority for foreign corporate fiduciaries; eligibility; fees; and certificates of reciprocity. Makes other changes to various Acts. Effective immediately.
Governor Approved
Effective Date August 18, 2025
Public Act . . . . . . . . . 104-0428
Sent to the Governor
Passed Both Houses
Senate Concurs
House Committee Amendment No. 1 Senate Concurs 041-015-000
3/5 Vote Required
House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Mark L. Walker
House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 009-004-000
House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive
House Committee Amendment No. 1 Motion to Concur Referred to Assignments
Placed on Calendar Order of 3rd Reading - Short Debate
Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 30, 2025
Secretary's Desk - Concurrence House Amendment(s) 1
Third Reading - Short Debate - Passed 076-038-001
Added Alternate Co-Sponsor Rep. Camille Y. Lilly
House Committee Amendment No. 1 Adopted in Financial Institutions and Licensing Committee; by Voice Vote
Held on Calendar Order of Second Reading - Short Debate
Second Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass as Amended / Short Debate Financial Institutions and Licensing Committee; 007-004-000
House Committee Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
House Committee Amendment No. 1 Referred to Rules Committee
Motion to Suspend Rule 21 - Prevailed 075-039-000
Motion Filed to Suspend Rule 21 Financial Institutions and Licensing Committee; Rep. Bob Morgan
House Committee Amendment No. 1 Filed with Clerk by Rep. Edgar González, Jr.
Assigned to Financial Institutions and Licensing Committee
Committee/Final Action Deadline Extended-9(b) May 31, 2025
Rule 19(a) / Re-referred to Rules Committee
Assigned to Financial Institutions and Licensing Committee
Referred to Rules Committee
First Reading
Added as Co-Sponsor Sen. Mike Simmons
Added as Co-Sponsor Sen. Mary Edly-Allen
Added as Co-Sponsor Sen. Adriane Johnson
Recalled to Second Reading
Senate Floor Amendment No. 2 Adopted; Walker
Placed on Calendar Order of 3rd Reading
Third Reading - Passed; 039-017-000
Arrived in House
Chief House Sponsor Rep. Edgar González, Jr.
Added as Co-Sponsor Sen. Paul Faraci
Senate Floor Amendment No. 2 Recommend Do Adopt Executive; 009-004-000
Added as Co-Sponsor Sen. Robert Peters
Added as Co-Sponsor Sen. Michael E. Hastings
Sponsor Removed Sen. Michael W. Halpin
Added as Co-Sponsor Sen. Javier L. Cervantes
Added as Co-Sponsor Sen. Christopher Belt
Second Reading
Placed on Calendar Order of 3rd Reading April 9, 2025
Senate Floor Amendment No. 2 Assignments Refers to Executive
Added as Chief Co-Sponsor Sen. Cristina Castro
Senate Floor Amendment No. 2 Referred to Assignments
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Mark L. Walker
Added as Chief Co-Sponsor Sen. Laura Ellman
Added as Chief Co-Sponsor Sen. Graciela Guzmán
Senate Committee Amendment No. 1 Adopted
Placed on Calendar Order of 2nd Reading April 4, 2025
Do Pass as Amended Executive; 008-004-000
Rule 2-10 Committee Deadline Established As April 4, 2025
Added as Co-Sponsor Sen. Mike Porfirio
Added as Co-Sponsor Sen. Rachel Ventura
Senate Committee Amendment No. 1 Assignments Refers to Executive
Added as Co-Sponsor Sen. Karina Villa
Senate Committee Amendment No. 1 Referred to Assignments
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker
Assigned to Executive
First Reading
Filed with Secretary by Sen. Mark L. Walker
Referred to Assignments
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Engrossed | HTML PDF |
| Enrolled | HTML PDF |
| Senate Amendment 001 | HTML PDF |
| Senate Amendment 002 | HTML PDF |
| House Amendment 001 | HTML PDF |
| Document | Format |
|---|---|
| Public Act |
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