Bill Sponsor
BILLSPONSOR
Bill Sponsor
Politicians
Bills
Alaska Senate Bill 86
Session 34
An Act relating to the business of money transmission; relating to licenses for money transmission, licensure requirements, and registration through a nationwide multistate licensing system; relating to the use of virtual currency for money transmission; relating to authorized delegates of a licensee; relating to acquisition of control of a license; relating to record retention and reporting requirements; authorizing the Department of Commerce, Community, and Economic Development to cooperate with other states in the regulation of money transmission; relating to permissible investments; relating to violations and enforcement of money transmission laws; relating to exemptions to money transmission licensure requirements; relating to payroll processing services; relating to currency exchange licenses; amending Rules 79 and 82, Alaska Rules of Civil Procedure; and providing for an effective date.
Active
Active
Passed Senate on May 2, 2025
First Action
Feb 5, 2025
Latest Action
May 5, 2025
Origin Chamber
Senate
Type
Bill
Bill Number
86
State
Alaska
Session
34
Sponsorship by Party
Democrat
Jesse Kiehl
Primary
Senate Votes (1)
checkPassed on May 2, 2025
Motion Text
(S) PASSED Y17 N- E3 #1093
info
Roll call vote details are unavailable for (S) PASSED Y17 N- E3 #1093
Summary
Unavailable
Text (2)
SB 86
https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0086A
https://www.akleg.gov/PDF/34/Bills/SB0086A.PDF
CSSB 86(FIN)
https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0086B
https://www.akleg.gov/PDF/34/Bills/SB0086B.PDF
Documents (18)
Sponsor Statement
http://www.akleg.gov/basis/get_documents.asp?session=34&docid=4559
SB 86 Explanation of Changes ver I to T
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=5324
SB 86 work draft ver T
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=5323
SB 86 Sponsor Statement version I 3.12.2025
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=4559
SB 86 Sectional Analysis version I 3.12.2025
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=4558
SB 86 Letters of Support version I 3.12.2025
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=4557
SB 86 ETA Support - AK SB 86
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=4556
SB 86 Bill Presentation 3.12.2025
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=4555
SB86 Bill Presentation 03.05.25
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=2569
SB86 ver I
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=2568
SB86 Sponsor Statement ver I
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=2567
SB86 Sectional Analysis ver I
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=2566
SB86 Public Testimony-Letter-TMSRT 02.20.25
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=2565
SB86 Public Testimony-Letter-MSBA 03.04.25
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=2564
SB86 Public Testimony-Letter-Mastercard 03.04.25
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=2563
SB86 Public Testimony-Letter-AKBA 02.20.25
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=2562
SB86 Public Testimony-Letter-ETA 03.05.25
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=2561
SB86 Fiscal Note DCCED-DBS 02.27.25
https://www.akleg.gov/basis/get_documents.asp?session=34&docid=2560
05/05/2025
House
(H) REFERRED TO FINANCE
05/05/2025
House
(H) FIN
05/05/2025
House
(H) READ THE FIRST TIME - REFERRALS
05/02/2025
Senate
(S) VERSION: CSSB 86(FIN)
05/02/2025
Senate
(S) TRANSMITTED TO (H)
05/02/2025
Senate
(S) EFFECTIVE DATE(S) SAME AS PASSAGE
05/02/2025
Senate
(S) COURT RULE(S) SAME AS PASSAGE
05/02/2025
Senate
(S) PASSED Y17 N- E3
05/02/2025
Senate
(S) READ THE THIRD TIME CSSB 86(FIN)
04/30/2025
Senate
(S) ADVANCED TO THIRD READING 5/2 CAL
04/30/2025
Senate
(S) FIN CS ADOPTED UC
04/30/2025
Senate
(S) READ THE SECOND TIME
04/30/2025
Senate
(S) RULES TO CALENDAR 4/30/2025
04/14/2025
Senate
(S) FN1: (CED)
04/14/2025
Senate
(S) NR: STEDMAN, CRONK
04/14/2025
Senate
(S) DP: OLSON, HOFFMAN, MERRICK, KIEHL
04/14/2025
Senate
(S) FIN RPT CS 4DP 2NR SAME TITLE
04/11/2025
Senate
(S) Moved CSSB 86(FIN) Out of Committee
04/11/2025
Senate
(S) FINANCE at 09:00 AM SENATE FINANCE 532
04/01/2025
Senate
(S) Heard & Held
04/01/2025
Senate
(S) FINANCE at 09:00 AM SENATE FINANCE 532
03/10/2025
Senate
(S) FN1: (CED)
03/10/2025
Senate
(S) DP: BJORKMAN, DUNBAR, YUNDT
03/10/2025
Senate
(S) L&C RPT 3DP
03/07/2025
Senate
(S) Minutes (SL&C)
03/07/2025
Senate
(S) Moved SB 86 Out of Committee
03/07/2025
Senate
(S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
03/05/2025
Senate
(S) Minutes (SL&C)
03/05/2025
Senate
(S) Heard & Held
03/05/2025
Senate
(S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
02/05/2025
Senate
(S) L&C, FIN
02/05/2025
Senate
(S) READ THE FIRST TIME - REFERRALS
Sources
AK Legislature
Open States
https://openstates.org/ak/bills/34/SB86/
Record Created
Feb 6, 2025 3:31:26 PM
Record Updated
Aug 5, 2025 4:10:21 AM
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