Hawaii Senate Bill 1325

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on March 7 2023 - 50% progression
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: House Economic Development Committee
Text: Latest bill text (Amended) [HTML]

Aligns Hawaii's money transmitters law with the provisions of the Model Money Transmitters Modernization Act, thereby enabling Hawaii to work within a network of states to license, supervise, and examine transglobal money transmission companies as a multi-state system. Enables timely, coordinated, and efficient regulation of money transmission companies to achieve financial stability and economic growth, while providing consumer protection. Allows the State to share resources, data, and technology tools with other states to create a stronger multi-state system of financial regulation. Effective 7/1/2050. (SD1)

Relating To Money Transmitters Modernization Act.

Sen. Ronald Kouchi [D]

2023-02-21 - Senate - Senate Commerce and Consumer Protection: Passed, With Amendments (Y: 3 N: 1 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2023-12-11		Carried over to 2024 Regular Session.
2023-03-09	House	Referred to ECD, CPC, referral sheet 17
2023-03-09	House	Pass First Reading
2023-03-07	House	Received from Senate (Sen. Com. No. 413) in amended form (SD 1).
2023-03-07	Senate	Passed Third Reading, as amended (SD 1). Ayes, 23; Aye(s) with reservations: none. Noes, 1 (Senator(s) Awa). Excused, 1 (Senator(s) Fukunaga). Transmitted to House.
2023-03-03	Senate	48 Hrs. Notice 03-07-23.
2023-03-03	Senate	Report adopted; Passed Second Reading, as amended (SD 1).
2023-03-03	Senate	Reported from CPN (Stand. Com. Rep. No. 818) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
2023-02-21	Senate	The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, Richards; Aye(s) with reservations: none ; 1 No(es): Senator(s) Awa; and 1 Excused: Senator(s) McKelvey.
2023-02-17	Senate	The committee(s) on CPN has scheduled a public hearing on 02-21-23 9:30AM; Conference Room 229 & Videoconference.
2023-01-30	Senate	Referred to CPN.
2023-01-25	Senate	Passed First Reading.
2023-01-25	Senate	Introduced.

HB1027 (Same As)
SB1325 (Carry Over) 2023-03-09 - Referred to ECD, CPC, referral sheet 17

Type	Source
Summary	https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1325&year=2024
Text	https://www.capitol.hawaii.gov/sessions/session2024/bills/SB1325_SD1_.HTM
Roll Call	https://data.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1325&year=2024