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SB 86

Alaska - Session 34

Senate enacted 2026-04-15
Business / Commerce
Bill Details

Title: 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.

Summary

MONEY TRANSMISSION; VIRTUAL CURRENCY

Sponsor
Jesse Kiehl
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-05 Introduced Bill introduced
2025-05-05 Status enacted
2026-04-15 Latest Action (H) -- Public Testimony --
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