CS/CS/CS/SB 2158 (2008) -  Money Services Businesses [EPCC]

General Bill by General Government Appropriations and Finance and Tax and Banking and Insurance and Banking and Insurance
Money Services Businesses [EPCC]: Changes the name of money transmitters to money services businesses. Requires licensure rather than registration. Revises provisions relating to the powers of the Office of Financial Regulation and the Financial Services Commission. Revises provisions relating to examinations and investigations conducted by the office. Revises the list of prohibited acts by a money services business, etc.
SB Substituted for CS/CS/HB 955 By Policy & Budget Council and Jobs & Entrepreneurship Council and Richter
Effective Date: 01/01/2009
Last Event: 06/17/08 Approved by Governor; Chapter No. 2008-177 on Tuesday, June 17, 2008 3:34 PM
Date Available for Final Passage: Friday, May 02, 2008 11:48 AM

PCB committee actions:

  • SPB 7060 recommended by:
    Banking and Insurance
    • On agenda for: 02/19/08   1:45 PM
    • Submitted as Committee Bill (final action)  

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 03/11/08 9:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 8   Nays 0
  • Criminal Justice
    • On agenda for: 03/18/08 2:15 PM
    • Favorable (final action) Votes: Yeas 8   Nays 0
  • Finance and Tax
    • On agenda for: 03/26/08 3:30 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 5   Nays 0
  • General Government Appropriations
    • On agenda for: 04/08/08 1:00 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 6   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/HB 955 Subject: Money Services Businesses Relationship: Similar
Bill #: SB 568 Subject: Money Transmitters' Code [EPCC] Relationship: Compare

Bill Text

  • Enrolled
  • Engrossed 2
  • Engrossed 1
    • A 611539 , Richter Date Filed: 04/23/08, Page#: 0, Line#: 1455 House: Withdrawn 04/30/2008 10:16 AM
    • A 664427 (late) , Richter Date Filed: 04/30/08, Page#: 0, Line#: 1736 House: Withdrawn 04/30/2008 12:38 PM
    • A 711755 (late) , Richter Date Filed: 04/30/08, Page#: 0, Line#: 1736 House: Adopted 04/30/2008 11:48 AM
    • Senate: Concur 05/01/2008 04:01 PM
    • AH 810622 Date Filed: 04/30/08, Page#: 0, Line#: 6 Senate: Withdrawn 5/1/2008 10:28:32 AM
  • Committee Substitute 3
    • A 497016 Date Filed: 04/15/08, Page#: 0, Line#: 2274 Senate: Adopted 4/16/2008 1:32:59 PM
    • A 618896 Date Filed: 04/15/08, Page#: 0, Line#: 2279 Senate: Adopted 4/16/2008 1:32:04 PM
  • Committee Substitute 2
    • A 094004 Date Filed: 04/07/08, Page#: 0, Line#: 341
    • A 271438 Date Filed: 04/07/08, Page#: 0, Line#: 1731
    • A 219238 Date Filed: 04/07/08, Page#: 0, Line#: 1918
    • A 909928 Date Filed: 04/07/08, Page#: 0, Line#: 1967
    • A 252032 Date Filed: 04/07/08, Page#: 0, Line#: 2278
    • A 385900 Date Filed: 04/07/08, Page#: 0, Line#: 2449
    • A 087520 Date Filed: 04/07/08, Page#: 0, Line#: 3144
  • Committee Substitute 1
    • A 163332 Date Filed: 03/25/08, Page#: 0, Line#: 0
  • Original Filed Version
    • P 187014 Date Filed: 03/09/08, Page#: 0, Line#: 0
    • A 732846 Date Filed: 03/10/08, Page#: 0, Line#: 1897

Staff Analysis

Chamber Committee
Chamber: Senate Committee: House Message Summary 5/1/2008 3:40:25 PM
Chamber: Senate Committee: General Government Appropriations 4/9/2008 6:53:38 PM
Chamber: Senate Committee: Finance and Tax 3/28/2008 10:39:22 AM
Chamber: Senate Committee: Criminal Justice 3/19/2008 10:56:47 AM
Chamber: Senate Committee: Banking and Insurance 3/17/2008 1:13:01 PM
Chamber: Senate Committee: Banking and Insurance 3/12/2008 10:39:59 AM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: Senate Date: 04/17/2008 09:40 AM   Yeas: 38 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 8] Barcode:
Chamber: House Date: 04/30/2008 09:51 AM   Yeas: 114 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 1012] Barcode:
Chamber: House Date: 04/30/2008 11:47 AM   Yeas: 119 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 1035] Barcode:
Chamber: Senate Date: 05/01/2008 04:01 PM   Yeas: 39 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 39] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Approved by Governor; Chapter No. 2008-177 Time: 06/17/2008 - 3:34 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/13/2008 - 12:04 PM Member: Committee: Version: er
Event: S Ordered engrossed, then enrolled -SJ 01176 Time: 05/01/2008 - 4:02 PM Member: Committee: Version: er
Event: S CS passed as amended (711755); YEAS 39 NAYS 0 -SJ 01176 Time: 05/01/2008 - 4:02 PM Member: Committee: Version: er
Event: S Concurred (711755) -SJ 01175, -SJ 01176 Time: 05/01/2008 - 4:01 PM Member: Committee: Version: er
Event: S In returning messages Time: 04/30/2008 - 1:15 PM Member: Committee: Version: er
Event: H Message sent to senate Time: 04/30/2008 - 1:07 PM Member: Committee: Version: e1
Event: H Amendment 664427 withdrawn Time: 04/30/2008 - 11:47 AM Member: Committee: Version: e1
Event: H Amendment 711755 adopted Time: 04/30/2008 - 11:47 AM Member: Committee: Version: e1
Event: H CS passed as amended; YEAS 119, NAYS 0 Time: 04/30/2008 - 11:47 AM Member: Committee: Version: e1
Event: H Passage on third reading Time: 04/30/2008 - 11:47 AM Member: Committee: Version: e1
Event: H Amendment(s) reconsidered, withdrawn Time: 04/30/2008 - 11:46 AM Member: Committee: Version: e1
Event: H Reconsidered Time: 04/30/2008 - 11:46 AM Member: Committee: Version: e1
Event: H Amendment 711755 filed late Time: 04/30/2008 - 11:29 AM Member: Committee: Version: e1
Event: H Amendment 664427 adopted Time: 04/30/2008 - 10:16 AM Member: Committee: Version: e1
Event: H Amendment 611539 withdrawn Time: 04/30/2008 - 10:16 AM Member: Committee: Version: e1
Event: H CS passed as amended; YEAS 114, NAYS 0 Time: 04/30/2008 - 9:51 AM Member: Committee: Version: e1
Event: H Passage on third reading Time: 04/30/2008 - 9:51 AM Member: Committee: Version: e1
Event: H Read 3rd time Time: 04/30/2008 - 9:49 AM Member: Committee: Version: e1
Event: H Amendment 664427 filed late Time: 04/30/2008 - 9:47 AM Member: Committee: Version: e1
Event: H Added to Third Reading Calendar Time: 04/24/2008 - 7:01 PM Member: Committee: Version: e1
Event: H Amendment 611539 adopted Time: 04/24/2008 - 10:11 AM Member: Committee: Version: e1
Event: H Read 2nd time Time: 04/24/2008 - 10:10 AM Member: Committee: Version: e1
Event: H Substituted for CS/CS/HB 955 Time: 04/24/2008 - 10:10 AM Member: Committee: Version: c2
Event: H 1st Reading Time: 04/23/2008 - 10:28 PM Member: Committee: Version: c3
Event: H Bill added to Special Order Calendar (4/24/2008) Time: 04/23/2008 - 9:01 PM Member: Committee: Version: e1
Event: H Bill referred to House Calendar Time: 04/23/2008 - 7:48 PM Member: Committee: Version: e1
Event: H Amendment 611539 filed Time: 04/23/2008 - 6:27 PM Member: Committee: Version: e1
Event: H In Messages Time: 04/23/2008 - 5:17 PM Member: Committee: Version: e1
Event: S CS passed as amended; YEAS 38 NAYS 0 -SJ 00649 Time: 04/17/2008 - 9:40 AM Member: Committee: Version: er
Event: S Read 3rd time -SJ 00648 Time: 04/17/2008 - 9:37 AM Member: Committee: Version: er
Event: S Ordered engrossed -SJ 00597 Time: 04/16/2008 - 1:32 PM Member: Committee: Version: er
Event: S Amendment(s) adopted (618896, 497016) -SJ 00597 Time: 04/16/2008 - 1:31 PM Member: Committee: Version: er
Event: S Read 2nd time -SJ 00596 Time: 04/16/2008 - 1:29 PM Member: Committee: Version: er
Event: S Placed on Special Order Calendar Time: 04/10/2008 - 3:00 PM Member: Committee: Version: er
Event: S Placed on Calendar, on 2nd reading -SJ 00521 Time: 04/10/2008 - 12:49 PM Member: Committee: Version: er
Event: S Pending reference review -under Rule 4.7(2) Time: 04/10/2008 - 9:10 AM Member: Committee: Version: er
Event: S CS read 1st time on 04/10/08 -SJ 00525 Time: 04/08/2008 - 3:51 PM Member: Committee: Version: er
Event: S CS/CS/CS by- General Government Appropriations; YEAS 6 NAYS 0 -SJ 00521 Time: 04/08/2008 - 3:51 PM Member: Committee: Version: er
Event: S On Committee agenda-- General Government Appropriations, 04/08/08, 1:00 pm, 401-S Time: 04/03/2008 - 5:15 PM Member: Committee: Version: er
Event: S Now in General Government Appropriations -SJ 00391 Time: 03/28/2008 - 3:33 PM Member: Committee: Version: er
Event: S Pending reference review under Rule 4.7(2) Time: 03/28/2008 - 11:53 AM Member: Committee: Version: er
Event: S CS read 1st time on 04/02/08 -SJ 00405 Time: 03/26/2008 - 6:14 PM Member: Committee: Version: er
Event: S CS/CS by Finance and Tax; YEAS 5 NAYS 0 -SJ 00391 Time: 03/26/2008 - 6:14 PM Member: Committee: Version: er
Event: S On Committee agenda-- Finance and Tax, 03/26/08, 3:30 pm, 301-S Time: 03/21/2008 - 2:22 PM Member: Committee: Version: er
Event: S Now in Finance and Tax -SJ 00287 Time: 03/19/2008 - 2:09 PM Member: Committee: Version: er
Event: S Favorable by Criminal Justice; YEAS 8 NAYS 0 -SJ 00287 Time: 03/18/2008 - 5:26 PM Member: Committee: Version: er
Event: S On Committee agenda-- Criminal Justice, 03/18/08, 2:15 pm, 401-S Time: 03/13/2008 - 4:27 PM Member: Committee: Version: er
Event: S Now in Criminal Justice -SJ 00248 Time: 03/12/2008 - 2:08 PM Member: Committee: Version: er
Event: S Pending reference review under Rule 4.7(2) Time: 03/12/2008 - 11:52 AM Member: Committee: Version: er
Event: S CS read 1st time on 03/12/08 -SJ 00253 Time: 03/11/2008 - 11:48 AM Member: Committee: Version: er
Event: S CS by Banking and Insurance; YEAS 8 NAYS 0 -SJ 00248 Time: 03/11/2008 - 11:48 AM Member: Committee: Version: er
Event: S On Committee agenda-- Banking and Insurance, 03/11/08, 9:00 am, 412-K Time: 03/06/2008 - 4:43 PM Member: Committee: Version: er
Event: S Introduced, referred to Banking and Insurance; Criminal Justice; Finance and Tax; General Government Appropriations -SJ 00163 Time: 03/06/2008 - 9:36 AM Member: Committee: Version: er
Event: S Filed Time: 02/20/2008 - 4:58 PM Member: Committee: Version: er
Event: S SPB 7060 submitted as a committee bill (SB 2158) by Banking and Insurance Time: 02/20/2008 - 4:58 PM Member: Committee: Version: er

Statutes Referenced by this Bill

Statute Other Bill Citations
0499.005 CS/CS/SB 2756
0499.0691 CS/CS/SB 2756
0501.95 SB 324
0538.03
0560.101
0560.102
0560.103
0560.104
0560.105
0560.106
0560.1073
0560.108
0560.109
0560.1091
0560.1092
0560.110
0560.111
0560.112
0560.113 SB 568
0560.114 SB 568
0560.1141
0560.115
0560.116
0560.117
0560.118
0560.119
0560.121
0560.123
0560.1235
0560.124
0560.125
0560.126
0560.127
0560.128
0560.129
0560.140
0560.141
0560.142
0560.143
0560.144
0560.200
0560.202
0560.203
0560.204
0560.205
0560.206
0560.207
0560.208
0560.2085
0560.209
0560.210
0560.211
0560.212
0560.213
0560.301
0560.302
0560.303
0560.304
0560.305
0560.306
0560.307
0560.308
0560.309
0560.310
0560.401
0560.402 SB 568
0560.403
0560.404
0560.405
0560.406
0560.407
0896.101 CS/SB 2300
0896.104
0921.0022 CS/CS/SB 76, SB 122, SB 188, CS/SB 278, CS/SB 340, SB 366, CS/SB 390, SB 404, SB 742, CS/SB 782, SB 1082, CS/CS/SB 1128, SB 1280, CS/SB 1304, SB 1364, CS/CS/CS/SB 1442, SB 1560, SB 1612, SB 1664, CS/SB 1678, CS/CS/SB 1722, SB 2478, CS/CS/SB 2756