SB 1758 (2021) -  Money Services Businesses

General Bill by Brandes
Money Services Businesses: Revising exceptions for a licensee during the Financial Technology Sandbox period; revising and providing definitions; prohibiting certain activities by a person without obtaining a license; providing requirements for a money transmitter that receives virtual currency; excluding virtual currency in the calculation of permissible investments, etc.
Effective Date: 01/01/2022
Last Event: 04/30/21 S Died in Rules on Friday, April 30, 2021 2:40 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 03/16/21 9:30 AM
    • Favorable (final action) Votes: Yeas 12   Nays 0
  • Commerce and Tourism
    • On agenda for: 03/29/21 3:30 PM
    • Favorable (final action) Votes: Yeas 10   Nays 0
  • Rules

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/HB 1351 Subject: Money Services Businesses Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Commerce and Tourism 3/30/2021 2:44:38 PM
Chamber: Senate Committee: Commerce and Tourism 3/26/2021 3:26:53 PM
Chamber: Senate Committee: Banking and Insurance 3/17/2021 12:18:08 PM
Chamber: Senate Committee: Banking and Insurance 3/15/2021 9:28:40 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Rules Time: 04/30/2021 - 2:40 PM Member: Committee: Rules Version: __
Event: S Now in Rules Time: 03/30/2021 - 3:20 PM Member: Committee: Rules Version: __
Event: S Favorable by Commerce and Tourism; YEAS 10 NAYS 0 -SJ 324 Time: 03/29/2021 - 6:15 PM Member: Committee: Commerce and Tourism Version: __
Event: S On Committee agenda-- Commerce and Tourism, 03/29/21, 3:30 pm, 110 Senate Building Time: 03/24/2021 - 2:24 PM Member: Committee: Commerce and Tourism Version: __
Event: S Now in Commerce and Tourism Time: 03/17/2021 - 12:29 PM Member: Committee: Commerce and Tourism Version: __
Event: S Favorable by Banking and Insurance; YEAS 12 NAYS 0 -SJ 270 Time: 03/16/2021 - 11:58 AM Member: Committee: Banking and Insurance Version: __
Event: S On Committee agenda-- Banking and Insurance, 03/16/21, 9:30 am, 412 Knott Building Time: 03/11/2021 - 2:33 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced -SJ 200 Time: 03/10/2021 - 11:56 AM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Commerce and Tourism; Rules -SJ 200 Time: 03/04/2021 - 4:44 PM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 02/25/2021 - 4:51 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
559.952 CS/CS/HB 895, CS/CS/HB 1351, CS/SB 1478
560.103 CS/CS/HB 1351
560.204 CS/CS/HB 1351
560.210 CS/CS/HB 1351