Hawaii House bill in Session 2026.
Status: in_committee. Latest action: February 11, 2025.
DCCA; Division of Financial Institutions; Money Transmitters Modernization Act; Permissible Investments; Tangible Net Worth.
Includes, for purposes of the Money Transmitters Modernization Act, receivables due from payment processors for certain debit or credit card transactions. Clarifies the calculation of tangible net worth. Changes the initial annual fee assessed upon the submission of the application to an initial fee assessed upon the approval of the application. Effective 7/1/3000. (HD1)
| Date | Event | Detail |
|---|---|---|
| 0000-00-00 | Introduced | Bill introduced |
| 2025-02-11 | Status | in_committee |
| 2025-02-11 | Latest Action | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Ward excused (2). |