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STATE BILLAK SB 86PASSED
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Money Transmission; Virtual Currency

State of Alaska

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; relating to abandoned virtual currency; amending Rules 79 and 82, Alaska Rules of Civil Procedure; and providing for an effective date.

Status
Passed
Signed or otherwise enacted
Status date
Jul 16, 2026
119 days ago
Current chamber
House of Representatives
Session
2025-2026 Regular Session
AK SB 86 · PassedJul 16

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Bill details

Last action
FN2: (CED) · Sep 30, 2026

Sponsor

JKJesse KiehlSenator · Democrat · SD-BPrimary sponsor

Bill history

Newest first.

Sep 30, 2026FN2: (CED)House
Sep 30, 2026FN(S) ATTACHED TO APPROP. BILL HB 263House
Sep 30, 2026LEG FINANCE APPROPRIATION MESSAGE 9/8/26House
Sep 30, 2026LEG FINANCE APPROPRIATION MESSAGE 9/8/26Senate
Jul 16, 2026EFFECTIVE DATE(S) OF LAW SEE CHAPTERSenate
Jul 16, 2026LAW W/O GOVERNOR SIGNATURE 6/30 CHAPTER 48 SLA 26Senate
Jun 15, 20263:55 P.M. 6/15/26 TRANSMITTED TO GOVERNORSenate
Jun 5, 2026MANIFEST ERROR(S)Senate
Show 45 earlier actions
May 15, 2026EFFECTIVE DATE(S) SAME AS PASSAGESenate
May 15, 2026COURT RULE(S) SAME AS PASSAGESenate
May 15, 2026CONCUR AM OF (H) Y20 N-Senate
May 15, 2026CONCUR MESSAGE TAKEN UPSenate
May 14, 2026CONCUR MESSAGE READSenate
May 13, 2026VERSION: HCS CSSB 86(FIN)House
May 13, 2026TRANSMITTED TO (S) AS AMENDEDHouse
May 13, 2026RECONSIDERATION NOT TAKEN UPHouse
May 12, 2026JOHNSON NOTICE OF RECONSIDERATIONHouse
May 12, 2026TITLE CHANGE: HCR 17House
May 12, 2026EFFECTIVE DATE(S) SAME AS PASSAGEHouse
May 12, 2026COURT RULE(S) SAME AS PASSAGEHouse
May 12, 2026PASSED Y40House
May 12, 2026READ THE THIRD TIME HCS CSSB 86(FIN)House
May 11, 2026ADVANCED TO THIRD READING 5/12 CALENDARHouse
May 11, 2026FIN HCS ADOPTED UCHouse
May 11, 2026READ THE SECOND TIMEHouse
May 11, 2026RULES TO CALENDAR 5/11/2026House
May 6, 2026FN2: (CED)House
May 6, 2026NR: TOMASZEWSKIHouse
May 6, 2026FOSTERHouse
May 6, 2026DP: JIMMIE, GALVIN, STAPP, HANNAN, ALLARD, MOORE, BYNUM, SCHRAGE, JOSEPHSON,House
May 6, 2026TITLE CHANGE: HCR 17House
May 6, 2026FIN RPT HCS(FIN) NEW TITLE 10DP 1NRHouse
May 5, 2025FINHouse
May 5, 2025READ THE FIRST TIME - REFERRALSHouse
May 2, 2025VERSION: CSSB 86(FIN)Senate
May 2, 2025TRANSMITTED TO (H)Senate
May 2, 2025EFFECTIVE DATE(S) SAME AS PASSAGESenate
May 2, 2025COURT RULE(S) SAME AS PASSAGESenate
May 2, 2025PASSED Y17 N- E3Senate
May 2, 2025READ THE THIRD TIME CSSB 86(FIN)Senate
Apr 30, 2025ADVANCED TO THIRD READING 5/2 CALSenate
Apr 30, 2025FIN CS ADOPTED UCSenate
Apr 30, 2025READ THE SECOND TIMESenate
Apr 30, 2025RULES TO CALENDAR 4/30/2025Senate
Apr 14, 2025FN1: (CED)Senate
Apr 14, 2025NR: STEDMAN, CRONKSenate
Apr 14, 2025DP: OLSON, HOFFMAN, MERRICK, KIEHLSenate
Apr 14, 2025FIN RPT CS 4DP 2NR SAME TITLESenate
Mar 10, 2025FN1: (CED)Senate
Mar 10, 2025DP: BJORKMAN, DUNBAR, YUNDTSenate
Mar 10, 2025L&C RPT 3DPSenate
Feb 5, 2025L&C, FINSenate
Feb 5, 2025READ THE FIRST TIME - REFERRALSSenate

Recorded votes

Senate: Third Reading - Final Passage Court Rule(s) Effective Date(s)May 2, 2025 · Senate · 17 yea · 0 nayPassed
House: Third Reading Final PassageMay 12, 2026 · House · 40 yea · 0 nayPassed
Senate: Shall the Senate Concur in the House Amendment(s) to CSSB 86(FIN) Court Rule(s) - Effective Date(s)May 15, 2026 · Senate · 20 yea · 0 nayPassed

Subjects

  • Audits
  • Business
  • Compacts
  • Credit
  • Disclosure
  • Economic Development
  • Finance
  • Financial Institutions
  • Investments
  • Licensing
  • Property

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

View on the legislature's site(opens in a new tab)View on LegiScan(opens in a new tab)

Bill data from LegiScan, licensed under CC BY 4.0.

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